Doubledipdepressionhasstarted--BA to 10 bymarch-overpricedoverboughtmarket- musical chairs has started-crash tommorow
Eurozoneis a mess, china has sloweddown, no demand for their products--DOW is due for a nice 20% drop--has not had a good correction since 2008--might go below 9800 by summer--apple is a good indiicator of global econ--it dropped because no good paying jobs have been created--we need 300,000 for at least 7 months--strong sell--lots of people are going to lose their money in the coming months--real-estate has not bottomed--prices have increase by more then 100,000 $ in one year in Los Angeles--reo agents and brokers are buying old houses and asking unfair prices--most regular people can barely afford rent and food--greed has entered reo market and with no new jobs, eurozone falling, BAwill fall to 7-8 by the summer. Strong sell on all stock positions-cash is still king
Sentiment: Strong Sell