Future Sight

jonsyrose | June 10, 2009

Sell on any rally within the next few months, I strongly believe the market will crash again in September or October and test resistance. I expect us to dip below the 52% decline and break the 53% resistance barrier of the great depression. The market rallyed artificially on bank profits, the government cash injections allowed [...]

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Tags: bank profits, bank stress tests, depression, FDIC

jonsyrose | June 7, 2009

This may be a tradable rally, but non-traders should stay away, this is no time to be buying new long positions for a long term hold. Why? 1. Notes on a Scandal: A Brief Chronology of the Latest Rally For those lacking the time or technical background to follow some of the superb Seeking Alpha [...]

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