Posted on 01/24/2014 4:44:15 AM PST by John W
MADRID (MarketWatch) — Wall Street was set to open with stinging losses on Friday, with investors set to pick up selling where they left off in a bruising session a day earlier. Worries about China, Latin America and company earnings ganged up on investors and sent futures tumbling.
(Excerpt) Read more at marketwatch.com ...
Better get ready for more than that.
Congressman Steve Stockman has been laying low after a fact finding trip to Egypt.
I’ve got a feeling Stockman is getting ready to come out with info tying Zippo, Hillary, Morsi, and the Muslim Brotherhood as being behind the terrorist attack in Benghazi.
If I’m right and he has proof Hillary and Obama orchestrated the attack, it will be time to grab your butt with both hands and hold on.
Probably mainly from the standpoint of what wouldn’t the “powers-that-be” do to blunt that information?
Might make sense but the yields are down across the entire UST curve this morning...
Down 100 at the open.
I think it’s not going to be a crash like 2008, but a slide. I think we’ll see a gradual decline to about 11,000 until around summer, and then it will turn back around.
A lot of bad financial news coming up.
What’s the catalyst for a 30% decline? We know the one behind 2008/09.
....and so it begins.
If I’m right, whatever they do to blunt it wont be half way.
They will go for absolute power or nothing.
If they don’t win, prison will be the least of their worries.
I said last week preparations were being made for a massive terrorist attack and I haven’t changed my mind.
Since I made that statement, the terrorist have made threats and Zippo has “taunted’ the terrorist by calling them the jayvee team.
Looking at the news this morning, Egypt is coming unglued.
That is trading, not investing. You may guess the market will go down, and you may be right; but the market can go up irrationally for longer than you expect, wiping out your shorts and puts.
I sometimes place a few bets, but I’m mostly in it for the long term.
Matt Drudge just now on Twitter: Have an exit plan...
Not clear from what or where.
Down 149.73(0.92%) 10:31AM EST
Nat Gas hit $5/mmbtu for the first time since 2010
“l....and so it begins.”
And, Chinese banks are in serious trouble, think I read yesterday there was a run on one of the banks. I think the final flap of the butterfly wings has happened and when that happens, it’s chaos (butterfly wings chaos theory). I think we are there now. If you need to shore up your preps, do it now as I wouldn’t want you to be “so screwed”.
“Nat Gas hit $5/mmbtu for the first time since 2010”
Not helping $ECT or $CHKR
DJIA-228.14 (-1.41%)
Big moves in the markets always seem to be central bank related.
Down 241.02(1.49%) 2:08PM EST
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