Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||TickerCon; entered at 2011-12-01 08:38:23|
Registered: 2008-02-27 Long Island, NY
Yesterdays message was the Central Banks are coordinated with the FED leading. They know that the politicians will not act so they will kick the can till one day we wake up and all electronic money is gone. Till then the FED has trillions to play with in front of the scenes and behind it. The interest rate swap news yesterday put very little money at risk and the market jumped almost 500 points wait until they put real money behind it. |
At this point I think even if you win a bet on the market blowing up it will not matter, our society as we know it will be gone.
The tickercon can go to 0 in an instant there will be no warning - till then keep repeating a CB/news driven rally then fade - they will not allow the S&P to go lower than 1000 it's all about confidence.
Unfortunately I been waiting for too long for things to correct - After two years of hearing the end is near I am throwing in the towel and will just concentrate on prepping. This game may continue for a month or years. In the mean time all of the people I tried to warn are laughing, maybe when the Idol/NFL watches stop laughing I will know it's time to go to the bunker, I think that will be my new indicator.
Otherwise just make sure you do something everyday to have joy otherwise it was a wasted day, no matter how much money you have you will never be able to buy that day back.