I TOLD YOU…I TOLD YOU…I TOLD YOU…SPEND IT FIRST…COME AFTER YOU NEXT!” REID PROPOSING 5% SURTAX!
News from The Associated Press
WHO IS CONTROLLING THIS %#@$%#%?
Earlier today, I wrote to you that I thought the market was due for a bounce. After all, everything was so stretched to the downside, the talk of a bear market filled the air while many were heading for the doors. At 315 pm, the market was being trashed again. I was asking myself…”Gary, why do…
HEY DURBIN…YOU HAVE DONE ENOUGH DAMAGE WITH YOUR INSANE POLICIES. DO YOU NOW WANT A RUN ON A HUGE BANK?
Durbin to Bank of America Customers: ‘Get the Heck Out of That Bank’ – ABC News
HUGE INFLECTION POINT IN GOLD
I am a big believer in symmetry in the market. Many times, a stock, sector or a market will bounce off specific moving averages in a bull market for a very long time. The same goes for a bounce into moving averages in a bear market. The longer something holds a specific area…and then breaks,…
SHORT-TERM…MARKETS DEEPLY OVERSOLD
Since I told you markets were starting another leg down, major indices have dropped a whopping 8-10%…and that’s just in days. So…to be clear…markets are again stretched, extended and oversold to the downside. This doesn’t mean a good bounce is coming and this just keeps heading lower…just that the conditions are now set for a…
GROWTH LEADERS CROAKING ON CUE
On Monday, I told you to expect growth leaders to start gagging. On cue, they are now being sold…and sold down hard. It was my contention that in bear markets, they eventually get them all. Eventually, anything in profits gets taken down as bear markets have to go through a coughing up stage. We are…
GERMANY GETS IT!
Germany slams ‘stupid’ US plans to boost EU rescue fund – Telegraph
IF IT WAS THEIR OWN MONEY, THEY WOULDN’T PULL THIS CRAP AGAIN
These people are just taunting the American taxpayer. Energy Department approves $737 million solar loan guarantee – The Hill’s E2-Wire
PETER ORSZAG DOESN’T LIKE DEMOCRACY ANY MORE! THERE IS ROOM FOR HIM IN HUGO CHAVEZ’ CABINET:
This is the same guy who failed miserably as Obama’s budget director and gets rewarded as vice-chairman at Citigroup. Fabulous! Too Much Of A Good Thing | The New Republic
THE #1 QUESTION BEING ASKED OF ME
The #1 question being asked of me is “what the heck is going on with the markets?” Good question. This question alludes to the fact we continue to get massive gaps to the upside and downside…massive swings to the upside and downside…sudden moves to the upside and downside. I believe there is a simple answer….