GOOG will miff on earns. Why? adverts way down, the
sub prime and credit card adverts were a huge source of
rev and they are gone for the next 7 years.
Yesterday's rally was short covering, standard playbook
of a bear market.
The Dow will finish higher today and tomorrow in spite of
disaster earns. Its about the options stupid, make them
expire worthless.
They will pull rabbits out of hats, stories out of blue, mar-
kets will rally in spite of $125.00 oil by end of month, in
spite of high inflation and a weak economy.
If you feel bearish (I certainly do, but i like making money
not following my gut) play gold and oil. DO NOT SHORT
EVEN IF THEY PULLBACK, IT WILL BE A TRAP AND
NOTHING BUT A TRAP.
THIS MARKET WILL NOT GO DOWN AS LONG AS
FOOLS KEEP PLOWING MONEY INTO SHORT SQUEEZE
RALLIES, DO NOT SHORT, USE METALS OR COMMODS
AS REFUGE.
HAPPY TRADING, WILL TELL YOU WHEN ITS SAFE TO
SHORT. THE LAST WEEK OF THIS MONTH WILL BE A
DISASTER AS THE DOORS OVERFLOW WITH TRADERS
SAYING SELL IN MAY AND **** IT.
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