FOR SEVERAL YEARS THE MARKETS HAVE BEEN FRONT RUNNING THE CONVENTIONAL WISDOM...
THE CRASHES USED TO BE IN OCTOBER...THEN THEY MOVED TO SEPTEMBER...
NOW THERE IS A GOOD CASE THAT AUGUST WILL BE THE CRASH MONTH IN 2010...
THERE IS ALMOST NO GOOD NEWS...ALL THE BULLSHIT HAS BEEN SHAT... THERE IS JUST NOTHING OUT THEIR BUT THE FED PRINTING PRESSES TO HOLD UP THESE MARKETS...
ASSET VALUES HAVE BEEN TARGETED BY THE FED...BUT AT SOME POINT THE REAL ECONOMY HAS TO BE FACTORED IN...
THE VELOCITY OF MONEY IN BANKS AND FINANCIAL INSTITUTIONS IS NEARLY ZERO...
THE ONLY HOPE IS THAT WALL STREET WILL START BIDDING UP ASSETS IN A DEPRESSION ECONOMY...!! NOT LIKELY.
MY HUNCH IS THAT AUGUST COULD BE A DISMAL MONTH...AS TRADERS TRY TO GET AHEAD OF THE FALL SELLOFFS...
IF ANYONE HAS A "PROFIT"...THEY SHOULD TAKE IT NOW...OR RISK LOSING IT ALL AFTER LABOR DAY...
SELL ALL RALLIES
