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Futures say go,markets say hell no......


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<MarkitBeeyatch 4:15pm>

Foolish Falsehope Fools Get Fooled Again

 

Investing 101 teaches to never chase short-covering rallies in a bear market, especially in an intentional Depression foisted upon the populace by its own federal government.

 

Yet dreamers will dream, hopers will hope, and gamblers will gamble away the last vestiges of their Bush-era home equity Ditech stash, greedily buying hyped-up diluted crapcommon stocks, then riding them down hard, much to the chagrin of their angry wives who planned to use that money to layer on some more showmarble in the kitchen.

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Wow.

One of the benefits of being out on the Left Coast is that if you stay up until midnight, you can get a glimpse of the European open.

Last night, Bloomberg triumphantly announced Spanish markets were up 5%.

:huh:

It seems like the sell off today is freaking super ugly if you're a bull.

By the way, I got spammed by Richard Russell today - announcing a Dow Sell signal.

http://www.sandiegoreader.com/weblogs/news-ticker/2012/jun/11/richard-russell-calls-primary-bear-market/

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Wow.

One of the benefits of being out on the Left Coast is that if you stay up until midnight, you can get a glimpse of the European open.

Last night, Bloomberg triumphantly announced Spanish markets were up 5%.

:huh:

I'd like to see them down 25% tonight, for starters.

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Latest Story

 

Is It Time To Short Again?

June 11, 2012By Lee Adler

 

rfwslogosmall.png?affiliate=selfRuss Winter arose in the middle of the night in Honolulu because he wanted to short the market on the open. He and Lee Adler discuss what happened, and whether now is the time to short Treasuries and/or stocks.

This is a subscriber only podcast.

If you are not a subscriber, click here to access the most recent free podcast posted on Wednesday, May 23.

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Wow.

One of the benefits of being out on the Left Coast is that if you stay up until midnight, you can get a glimpse of the European open.

Last night, Bloomberg triumphantly announced Spanish markets were up 5%.

:huh:

It seems like the sell off today is freaking super ugly if you're a bull.

By the way, I got spammed by Richard Russell today - announcing a Dow Sell signal.

http://www.sandiegor...ry-bear-market/

 

post-1110-0-77771300-1339450183.jpg

 

Velly Nice!

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Completely insane move on the VIX today,astounding moves all over ...

 

Tagged the 50 day,then went completely nuts.

 

Bounced right at the bottom of the Bollinger bands...

 

post-1110-0-84039800-1339454848_thumb.png

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