Fish Gone Bad

Combating Cascading Short Spirals

The only reason to be in the stock market is to make money.

Markets move as tidal forces, money moves in, and money moves out. It is as simple as that. The trick is to be on the right side at EVERY given point in time. That said, the US Government can buy up every single bad loan and buy up every single share of every F'd up company on the stock market. This will destroy the dollar. Everything everyone has in the bank and retirement account will literally just vaporize as the dollar is inflated beyond recognition

AIG is on the hook to pay $225 Billion on Friday, 10/24/2008, in defaulted Lehman guarantees. My guess is that any company throwing lavish parties after getting an $85 Billion dollar loan, is not going to pay their obligation. This is what people who are about to "go under" do. The guy down the street from me has a drinking problem and went broke. Before he went belly up, he bought a new Chevy 2500 truck and ran up all his bills.

I am on both sides of this long/short argument. I have no idea how things will play out. That said, my best guess is that "crap happens". Plan ahead.

To anyone reading this. This is not about paper money, it is about toilet paper. In these uncertain times, please just go out and buy what you will need in the near future. Do you use toilet paper? Go out and buy a years worth tomorrow. If you "Threw your money away", it will just be for toilet paper.

I am your best friend ever (for free).
Clark Jenkins
FishGoneBad.com

Don’t Buy What Wall Street Is Selling

The only comfortable position I have is in SKF (Proshares Ultrashort Financials). As the financial stocks lose value, SKF goes up.