Thursday, September 11, 2008

CONTAGION IS SPREADING

Briefly

Days of selling bring MORE PUNCH and CONVICTION than days of BUYING.......rally effort may have already expired....

OVERSEAS markets hurting big time, some down 50% or more, Chinese mkt has yet to find a bottom...will it retrace ALL it's gains?

US $$ above 80.00 Resistance in AM trading, Gold punked again, HUI 258 level might give heave ho

I am thinking unwinding yes, and maybe signal of deflation.

Labor markets weakening, asset values not stabilized.....SUCKING IN ALL INTO A VORTEX

Dividend tax cuts protect ONLY THE WEALTHY and should be rebuked! Wealthy have shifted assets into dividend payouts and are taxed at rate of 15% !! WHERE is equality there?

WHat else can our gov or FED own in this purge?

D

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