I gotta be careful what I say these days on this page, when it comes to the financial markets. Being a registered, licensed professiona--again--in the securities industry and all. But I think making big, sweeping, predictions without being too specific is legit. And if it isn't, shortly after I write this, I will be getting VERY specific, because that will probably mean I have been whacked from my securities industry gig for disclosing too much!!
Anyhoooooo, I was looking at the world this a.m. high atop my corporate tower, firmly in the "1% camp", and I decided this. It's bad out there. I also looked at my stock charts and they said the same thing. So I sold my ticker SSO (2x the S+P 500) for a tidy little 4% gain in 45 days and I shorted it. Because it's bad out there. Got it. Good. Get your money out. Now.
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