If you are not sure whether or not stocks will crash, check this out.

Goldcorp is the world's senior gold producer according to Wiki.  It's chart is in literal freefall.  I don't know for sure what the count is above the green numbering.  If you listen to conventional wisdom, all of this is just the A wave which will eventually bounce into B and then collapse into C.  Since C is supposed to be the same length or longer than A, I just don't see how this is A.

What I do see is a 4th wave triangle that is a perfect land mark.   From there I see 1 down, 2 up, 3 down and perhaps 4 up.  3 might be considered extended here.  So 5 might play out as shown above right.   If you see that wave turn down on Monday, set up your Gatling gun where you think it is going to bottom because the herd is going to run out of stampede soon and when it does the momo players are going to jump in long and beat the shorts senseless while leaving those that actually owned shares and sold them in the dust.  Timing will be everything.
 
The bounce from the bottom is going to be fierce people. 

The charts for all miners look the same.  Newont (NEM), Barrick (ABX), all the same.  This isn't a company issue, its a sector issue and that means that opportunity is knocking for those who can catch this bottom.  As you can see, something like this doesn't happen every year.  In fact companies like ABX are now trading lower than they did in Y2k.

OK, I get it.  Deflation has whacked the gold price.   So why are stocks pumping a record high?  I hope you can see how ridiculous and artificial all of this is.  Artificial never lasts for long in a marketplace.  Either gold is going to bounce like crazy or stocks are absolutely going to collapse and the speed of collapse will be very rapid when they do.  I wonder how many GG holders saw this coming.