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Trade in my own account and owner of KJP Enterprises.Also Trade stocks for Family and friends.
  • The Turkish Spring 0 comments
    Jun 11, 2013 4:46 PM | about stocks: TKC

    Back in 2010,the Flash Crash happened May 6th on a sunny Spring day.Right before the Crash,protesters clashed with riot police in Athens,Greece on world-wide T.V.What actually occurred on that day has been debated by Market participants for the last three years.Whatever the reasons a lot of people lost money that fateful day.Watching the riots on June 11,2013 in Turkey,one can see similarities between the two events three years apart.Markets on the rise,unemployed youths throwing stones and Petrol Bombs,and Wall Street honchos looking for an excuse to sell before starting Summer Vacation.How bad will it get before another Flash Crash occurs? Of course it is not a shock Markets have risen thanks to Money printing on a global basis.Many of Hedge Fund Gurus have predicted a correction of 10% or more since the start of 2013.In fact a correction is probably needed to cool down the heat coming off the World's various printing presses.I did notice most in the riot crowd held cellphones in their hands to record the events as they unfolded.Just might be looking to start a position in Turkcell - TKC - as revenues may go through the roof.Although an eye should be kept open for a Flash Crash to appear through the haze of a Hindenburg omen.How ironic that the Original Hindenburg Zeppelin crashed on May 6,1937 in Lakehurst,New Jersey.Not far from Wall Street,New York.

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in TKC over the next 72 hours.

    Stocks: TKC
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