Hey folks I really don't have any good news after I did my weekend analysis on the markets. While I believe we will get a bounce the more important or disappointing thing is that the market is broken. I think people will be very very disappointed to know that the age of 401K, IRA etc might be throwing away money. I am sorry to be the bearer of bad news but I dont see where long term we will go higher. The charts tell me we have a long way to go down and I think it is possible that this is just the start of the downturn.
Now can you still make money in the markets? YES but not based on these financial planner and advisors who have exponentially multiplied during the up years. Only way to make money in the markets is to know sophisticated techniques and actively trade the market.
What is happening now in the market is something that is a once in a 100 year phenomenon that of wealth destruction. Wealth destruction is its true textbook definition is in action now. Everything will decrease in value! Gold, Platinum, Grains, Silver, Stock prices EVERYTHING will deflate. So what should we do? some of you might ask. Well knowledge of sophisticated techniques and shorting might be you best friend for years to come. Believe me folks I am usually right 95% of the time and I am telling you, dont invest in 401K, IRAs, IF you really think that these markets will be your higher in 15 years you will be sadly mistaken.
On that note get ready for my fund to be launch trading sophisticated tools which I truly believe will bring exceptional returns ESPECIALLY in this bear market period.
MARKETJEDI
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