Echo chamber in full effect. Whether they’re talking the economy or politics they’re completely worthless. Dangerous, even.

-DT

Howard, I exagerrate.

But watch for the spike, and use it.

No, seriously.

{“Still, I am emphatic that investors should evaluate their risk exposures and tolerances now, in order to allow for substantial further market weakness. Market conditions presently feature a Pandora’s Box of rich valuations, vulnerable profit margins, rising default risk, rapidly deteriorating market internals, failing support levels, and accumulating evidence of oncoming recession. As I noted in my December 17 comment, “there is one particular scenario that would be ominous in my view. That would be if we see a relatively uninterrupted series of declines that breaks cleanly through the August and November lows, followed by a one-day advance of 200-400 Dow points. That’s a script that markets tend to follow pre-crash. Though it’s not a strong expectation or forecast, it’s something worth monitoring, because we’ve started to see the pattern of abrupt jumps and declines at 10-minute intervals that is often a hallmark of nervous markets.”}
By John P. Hussman, Ph.D.
January 7, 2008

then go 200% short

do it just to see that you can flip the switch that quick

you’ll learn something that will pay dividends 4 the rest of your tdg life

The major market averages have been propped up for as long as possible and now it’s hitting the fan.

The leaders are going to get whacked. Today it was ISRG. GOOG is perilously close to falling through support. RIMM looks like it wants to go lower as well.

IMO, this is no time to play hero. Only way to play the long side is for quick bounces, like you’ve been doing. But I’d have very tight stops in place.

As always, just one person’s opinion.

Once you recall the tape of 2000-2002, you will realize this is the beginning.