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The Market is a Beast of its Own, Respect it!

In the fall of 1987, there were 11 days of distribution (heavy volume selling) BEFORE the October 1987 crash. In September 2001, the market was looking horrible, no stocks were setting up, and out of nowhere...9/11 happened. Fast forward to today. In late September/early October the market experienced heavy distribution. I went to 100% cash [...]

By |2016-11-26T07:10:53-05:00October 29th, 2012|Tags: , , , , |
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Plunge Protection Team

During the 2008 financial crisis, Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson approached President George W. Bush and said: If we don't do something, this country will experience an economic downturn worse than the Great Depression of the 1930s. President Bush explained that part of his job was to surround himself with [...]

By |2016-11-26T07:10:55-05:00October 25th, 2011|Tags: , , , , , , |
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