Fiscal cliff can only have VERY NEGATIVE effect on NKE MEGA-bubble
By all technical indicators, the NKE joke has CONFIRMED a DISTRIBUTION TOP and CONFIRMED a new VICIOUS BEAR market, one that should last at least another 10-15 years.
The result of the fiscal cliff therefore MUST DESTROY the obscenely overvalued hot air, in the manner of a 2008 PANIC SELL, since in a BEAR market, the BEAR only pays attention to BAD news, the BEAR always IGNORES good news.
Ladies, if you have only a pure long position in this NKE MEGA-bubble without short, PUT, or WRITTEN call protection, kiss ALL your $$$ goodbye goodbye goodbye.
Final proof of my contention: CNBCrapola, aka the DISINFO channel, has been stating all morning that the result of fiscal cliff will be minor and that CONFIRMS WITHOUT DOUBT that the result will be one PANIC SELL after another of MEGA-bubbles like NKE.
Ladies, this AINT rocket science, you just need an operating brain and the ability to see REALITY for what it really is.