Ok tomorrow Obama will sign the stupidity bill that the next two generations will still be paying for. What I think will happen is the usual move higher into it then we sell off. Folks I said it on saturday, the friday action was a sign of what was going to happen today period.
Man we looking extra weak and let me tell you something we are 1000% going below 5600 this year. Yes I said it 5600! I might be major crazy to say that but I dont see us not escaping those levels in the next 15 months, so folks I have been the bearer of bad new but guess what, those calls have been 100% dead on. Maybe this time I am wrong and we goto new highs 15000 on the DOW and all is wel, GM will be the number one car maker, GE will be $10, BAC will be $50 and I will be flying my plane to mars to have dinner with a unicorn and elves :):):)
I mean yep all of the above will happen for sure in the next 12 months :):):).
Now back to reality we going lower and if you trying to fool yourselves go ahead and listen to the morons on tv who have been telling you to but Wachovia, FNM, Sirius, GM and I can go on.
It aint happening. If you want to give away money, give it to some poor kids, build some schools, health clinics something positive.
MARKETJEDI
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- Bring real information to the average person about the Financial markets. I am a technical trader that uses alot of technical tools such as Fibonacci, Bollinger Bands, MACD, TRINS, VIX to read the markets
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