Monday, September 08, 2008

Bailout Nation:

Who is next, autos, airlines or banks??

The Paulson Put

Expect a rally of a 3 $ or more for Monday Sep 8.
This is due to the "free market" play executed by Hank Paulson.
Just remember, this guy used to be one of the biggest fund managers in the world, plus now he is super rich due to his pre-meltdown sales of his company stock tax free...

It is really hard to see the consequences of all these manipulative events...

Thursday, September 04, 2008

Its almost 1PM and the DOW is almost down by 320 points.
If you really think about it, it should not surprise you
Here is why:
There is no demand destruction: traders and hedge funds blew a lot of money on oil, so it should go up again
- Do you trust the market, the manipulated data or the blabbering talking heads

- Do you trust the bond market, the gold market or the stock market?

- All the bottom callers are changing their songs (cramer included)

- Yes, there are opportunities to make a lot of money (deep valued stocks), but there are also lots of opportunities to crash and burn, Live to trade another day

- It can be the beginning of the end, not the beginning of the new bull