Hey dip stick,(aka. Stalin 100)
oil will go to $35 first before it goes to $150. Then your mr obama will have another crisis for you to give us your most high knowledge about......may we kiss your feet and lick the toe jam from between your toes....you got to be from ny. Elite snob r u ....yoda knows your force and it is the dark side....
plp will take short positions but that wont be known to the public until february when the selling will start accelarating to a faster speed and the hope will fade to nothingness.
Even in 2007 you had the market topping in november but the retreat started later on.
seasonal unemployment will sky rocket the unemployment nr. past 10.5% on january, christmas will be known as black crhistmas
Deflation in housing prices and consumer goods with inflation in oil and food.
The few money left that the consumer has to dispose will be spend towards food and energy, consumer goods will get hard hit.
Lack of demand and prices are still too high, retail store will have to compete with lower prices.
When plp say this is a market for stockpickers, what they mean is.
Buy stocks that will always have a bid pricing regardless what, which means only necessities.
Short luxury brands
1AberCrombie and Fitch
Everyhting that was fashion trend during the boom years and was unnecessary expensive will go down and lose on pricing