Worst January ever

Well CNBC just confirmed through Trim Tabs investment research that January 2009 will be the worst January performance for the markets on record. The DOW, S&P, transports, Russell and Nasdaq all included.
As I said last night so does January goes so does the year and this might be a worse year than 2008 for the long term investors in the market. What folks need to realize there are many place to make money in the market but not in the hold fashion buy and hold method. The GDP numbers still morning was the worst in 27 years and I only fear that the contracting numbers will continue for the next 4-6 quarters.
Right now the metal trade is gonzo and seem like they wants higher. Commodities my friends, have been singing on that for weeks but last week I proclaimed this is the place to be, since then gold has dramatically traded higher. The inflation play is my play for the next few years and although it is very early to the game it will prove highly profitable than holding common stocks. Bonds are a short here as they are vastly overpriced and the spread will close soon.

Have a great weekend folks and those still having faith in your common stocks I hope you decide to get out soon because we don't look too good here.


MARKETJEDI

SKF

How are we doing with SKF. SKF +$18 in 2 days..
Bad bank plan won't save us from the downside in financials.