Because the tape is starting to look downright scary. 2.5% down days are things of the past because this is a new bull market!!! Lol… remember all of the talking head shills on CNBS that said that stocks were heading to the moon? I do, and it’s always a good excersize to study the cold hard reality of just how awefull the investment “community” is at actually performing their day to day jobs, but I digress…
The Bernankenstein Pump is finally getting dumped and the ponzi-tape painting-manipulation game that went on daily for the past few years (remember all of those QE days where ALL of the banks made money every single day?) is finally ending and ending badly…
Just when you thought things would turn around (even I sort of did or at least considered it a possibility) the market takes another nosedive because the Fed is no where to be found.
In another 10%, Ben better start printing and printing fast or we are heading for the really, really big iceberg for the banking sector. Europe’s financial banking oligopoly is bigger, less organized, and lazier than even our own investment banking cheese-opoly and it’s starting to crumble in rapid fashion.
I am hoping that stocks rise, but I ended up buying some silver instead for a Bernanke put trade.
