December 11, 2008

Market Review and Commentary for December 11, 2008

DISCLAIMER: These are trades I am doing and may not be right for
you. Use your own Due Diligence when making financial decisions of
your own choosing. This is NOT a recommendation of any security.
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The market took a tumble… down 194 points on the DOW but this little counter-trend rally is not over.

There’s a possibility EVERY DAY that the market will tumble hundreds points or more. Why? Because we are in a bear market and those things can happen. Never forget that we ARE in a bear market.

WARNING: If the Senate bill does NOT pass to approve $14 Billion in ‘bridge loans’ to the auto industry we may be in for a LARGE decline in the markets Friday.

If so, we will likely see the Triple Top on the VIX that I have been expecting:

However, it may not happen tomorrow and this rally may continue… where’s why:

WATCH TODAY’S VIDEO

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