Tuesday, May 15, 2012

IT HAS BEGUN

"Seniors clamoring to invest in Facebook IPO"

Sure, go ahead and make that ahole Zuckerberg a BILLIONAIR, and what better people to do it than the ultimate bagholders, our seniors.

More than likely a NEW BEAR MKT has begun, I have been warning about the deteriorating environment for stocks (and economy) for weeks and that getting more defensive could be a very good idea.

OIL, and other commodities have been receding, and Bond market is red hot as seen as SAFE HAVEN. The US 10 year yields 1.79% !!!!

Be careful out there.

D

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