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Direxion Daily Financial Bear 3X ETF Message Board

  • zedsdead2237 zedsdead2237 Apr 2, 2009 9:14 PM Flag

    Let me explain how Simple this all works

    January: Dow Rockets on anticipated Obama throwing cash everywhere..Over 9000
    February: Party ends.Gov does not have a plan..No Idea what to do..implement Early birds get trapped..sell off commences to new lows ( I CALLED WE WOULD BREAK THROUGH 7500 like butter and land at 6600 Months ago)
    March: Everyone starts calling for a relief rally on basically anything they can get their hands on..Oil craters..Nowhere to go but up and anticipation that TV calling for Uptick,M2M,NO NATIONALIZATION RALLY,Toxic Asset Plan..Dow Rallys from 6450 to 8000 in 3 weeks)
    For Historical Purposes:
    *Every bottom is tested at least three times
    *No Bull rally has ever began with this authority though many bear rallies have and I DO MEAN EVER LOOK IT UP
    *Economic Data is getting worse
    *We are Printing money.Not an exaggeration we are literally printing money
    *Bond Market about to collapse
    *China threatening to stop buying US Debt
    *We are PRODUCING NOTHING ANYONE WANTS
    *Unemployment getting worse
    *Most money in history evaporated into thin air
    *Record Amount of hedge funds going out of business.
    *Home Prices are falling. Look at Manhattan. The ultimate canary just starting to get hit.(For Your info I work and live in Manhattan as a Broker. Check out my VNO call on Fool.com when I shorted this in the 70's. Everything is getting worse here and very very very quickly. Crime is picking up toward 1980s levels.
    *Jobless claims just starting
    *Small Business closing daily
    *Commercial Real estate party just starting
    *States are actually RAISING TAXES LOL
    *Oil inventories going up
    *Every Governmental bullet has been fired.

    Here is a clue:
    Jan: Obama euphoria..Gotta be some new plans right.Hedge funds and MM know the momentum is up so buying commences
    Feb: Nothing appears Massive selling turns 9000 on the dow to 6400..lol 2600 points in a month
    March: Lows hit..Risk to downside v up decreases. Any news will catapult Bear rally and relief rally = MM and Hedges buy. Mom and pop investors are gone and do not exist. Short Rally on stream of BS News
    April: Reality sets in to a slow bleed trapping premature longs

    P.S.- LEVERAGED HOMEOWNERS AND UNEMPLOYED WHO HAVE BEEN USING THEIR CREDIT CARDS TO SURVIVE..WELL THAT PARTY IS PICKING UP SOON AND WITH AUTHORITY.

    In case your wondering about my credentials well:
    I was Cash in all 3 crashes
    I Bought and traded all rallies nicely
    And I called a 6400 TEMPORARY Bottom.

    P.P.S= Peter Schiff is 10000000000% correct
    FAZ goes higher and all FINANCIALS SELL.
    2 Major Banks get nationalized once derivatives are determined to be worth 10 cents on the dollar
    The true and ultimate bottom is between 5700-5300

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