Thursday, May 6, 2010

All ye gains shall be wiped out...

in the blink of an eye...

Always short folks, we go down 3x as fast as a low volume melt up

This weekend is going to be crazy, lots of riots and protests will be occurring over in Europe, it will spread like wildfire, the debt crisis will spread to many other countries, when will the ponzi scheme finally collapse is anyones guess, but in the mean while make lots of money!

Gold and silver (precious metals) are your best long bets in these low interest rate / debt ridden environments.

1110 area on S&P is in the bag

Also there may be a problem with the money markets I have been hearing around the corner, the same problem that almost brought down the whole market back in '08 may be arising again, this is when the ponzi will collaspe, when everyone will want their cash in hand and find out the banks never did have that cash, lol