Monday, August 23, 2010

Gulp

Holy moly, this article will scare the hell out of you. Well, at least make you consider calling your financial adviser in the morning.

The DOW is still dropping on one bad news story after another. Retail buyers are leaving stocks for bonds, helping create a bond bubble that will burst. He recommends commodities, as in hard commodities, not paper. September is always an awful month for the markets and we are frontrunning the month with daily losses. Gulp!

I'm long on ammunition.

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