Wednesday, April 27, 2011


What is the most unloved, despised asset you can think of? Recent article said the Chinese wanted to UNLOAD about $2TRILLION of our wetbacks.......ANY RALLY here holding above 74.00 I would take note of......or much further collapse has it going into the abyss....who is left to sell this worthless piece of paper?

FED RATE decision today, expect NO CHANGE in worthless comments at 2:15......many have 1400 as SPX target.....on any further rally IMHO I would begin to lighten up....or you fully buy into recovery BS


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