Yoon Kim

The Worst Case Scenario (Someone Has to Say It)

Sooner or later market will head down south. Haven't you head the latest adage "short in May go away"?

The Worst Case Scenario (Someone Has to Say It)

What about a possibility of World War III?

America will invade Africa/Middle East for commodity contracts to back up the dollar paper, and this could lead to conflict with China who is already sourcing commodities from those countries. China will threaten military action. Given America's dismal disinterest and devaluation of science/math education/career, our nuclear arsenal control was outsourced to Chinese engineers who flips to work for the Chinese government. We will soon have our own missiles sitting in our own backyard pointed in.

Why This Rally Is Unsustainable

Naïveté from a young trader....ever heard of "markets can be irrational more than you can stay solvent"?

US Government, US Treasury, Fed, and other world bankers/leaders want to prop up the market by any means necessary: "mark to market", "TARP", "stress tests", etc. They can and they will.

I'd say wait to short until mortgage resets increase again.