erniem

Speculative Trading Indicates Rally Losing Steam

I've done well this year in the market, both with cap gains and appreciation. i have also sold sold sold and eliminated most of my positions and now only trade FAS and FAZ. This market is going to tank, and we are talking 1000 points easily. Financials will be so far underwater within two months that it will be obvious then the present bull market ( which died a week or two ago) was vastly overbought.

ABC: FBI and Prosecutors 'Closing In' on AIG's Cassano

We need scapegoats and why not use a real one?