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Valero Energy Corporation Message Board

  • idpatton01 idpatton01 Apr 19, 2013 6:54 PM Flag

    We are very close

    We are very close to a hugh drop in the markets. It should of happened today. At least thas what the options said. The amount of shorting has skyrocketed. Just aa shorts are the fuel and performance for a stock (earnings) will take the stock sky high...Poor performance an total mayhem will be the match for a complete downward trend for quite some time. The FED lost a half of trillion, no more when the price of gold dropped this week. The banks are busted

    Throw in the evens in Boston and New York and the finacial losses continue to mount. We should all have a big fear of foreign capital makinga mass exit toward the door. This happened in 2001...and then we had the realestate boom. Foreign capital is or was just starting to come back. I am certain it will be another decade before they come back again. Without this capital we can not survive on QE

    I am very negative on this market under these conditions...I hope I am wrong

 
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