12/05/2011: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

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https://archives.warpradio.com/btr/InvestorsEdge/120518.mp3

JUST LETTING YOU KNOW…

The last 18 trading days of the year…

We’ve had a good six days of upside...4 of them were gigantic gaps where the markets up about 8% after dropping 9%. And of that 8% about 80% off the gap. On another save by the Fed..this time of Europe. Yeah, we’re gonna save Europe. Europe’s gonna get this amount of money, Italy’s gonna go on an austerity plan and life’s all great again.

The amazing thing is watching everybody paying attention to Europe, when WE HAVE SO MANY PROBLEMS.  WE ONLY HAVE 15 TRILLION IN DEBT AND GOING HIGHER BY THE MINUTE…AND WITH NO PLAN TOP GET RID OF THAT DEBT.

Yet we’re telling Europe what to do with their money or lack of. I find that quite funny.

Hey, but I’m just going along for the ride. I’ve got 2 strings attached to me, just like you. We’re just a bunch of puppets.

We’ve got 18 days left and they’re going to do everything possible to have the market as high as possible. As I’ve told you...from Veteran’s Day until the end of the year, the last 10 out 10 years have been up, the last 22 out of 24 years have been up. And there’s a reason. They’re painting the tape into the end of the to make their numbers look good…and then we’ll have to watch January.

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Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), an investment adviser registered with the U.S. Securities and Exchange Commission. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.