Archive for May, 2010

I gotta tell you that in between, taking my sick cats to the vet, working on getting rid of my insanely bad sunburn I have been trading the markets and doing GREAT!. I know a lot of our subscribers have been doing the same and doing well also.

I have been short the EURO since about the $1.32 level. I thought that it might work out ok but OMG just look at the freefall since then. VERY VERY NICE I must say. *insert big cheesy grin smile here*

I must admit, that I was just about to loose all my hair from pulling it out at the start of the year from the continuous grinding higher we were seeing on low volume. But we have certainly made up for the fun we missed out early in the year.

With the downgrade of SPAIN over the last week, things really have become sour again, so i am sure this week we will have a ball playing currencies and the indices also. I have not seen moves like this for a long time, and in a strange sort of KARMIC way, this action does reminds me a little of mid 2007. I have touched on this before, but it is just one of those occurences that gives you chills down your spine.

Anyway, should be another important week, keep on your toes…..I explain what is going on at the moment in the video below.

CLICK HERE TO SUBSCRIBE TODAY AND ACCESS ALL OUR PAST AND PRESENT NEWSLETTERS.

Don’t miss this chance to earn  ome money whilst helping others out there join the FFT family and
newsletter.

Invite your best mate, other friends family etc. and reap the rewards!!!

The best part about this is that the FFT newsletter has created massive interest.

So you have the chance to become an authorized affiliate of our amazing  products when you refer people to our site you get over 50% in commissions.

Some of our bigger clients are earning over $500 a week just referring people to our site….so anything is possible!!

Go here for a walk through how to become an affiliate and start earning today:
http://www.forecastfortomorrow.com/newsletter/affiliate-program

And because of our previous accuracy
here -> http://www.forecastfortomorrow.com/newsletter/
our sales page CONVERTS like Gangbusters!!

Our Product is a proven seller and still sells each and every day, and I am sure it
will CONTINUE to sell month in and month out.

So take advantage of this while these limited affiliate FREE licenses are still available…

http://www.forecastfortomorrow.com/newsletter/affiliate-program

“Outlawing short-selling is a mistake,” said Barry, today chief executive and director of equity research at Fusion IQ and author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”

“If you go back over the last few decades, every major fraud [Enron and WorldCom] has been uncovered by  short sellers, he said.

Ritholz thinks the U.S. looks at European markets problem as an excuse for something that was due to happen anyway.” He believes the key is to look at various sign posts to gauge where the market is going.

He expects “the lows of may 6th to be a magnet” with the telling factor being: “Does volume attentuate as we approach those levels, or do we see supply really dominate demand and selling really pick up?”

Watch the interview below (Click play below to watch)

And with financial reforms looming, Ritholz thinks the market will be easier to gauge after some form of “derivative regulation is passed.”

“Right now derivatives are treated completely separately from every other financial instrument. That has to stop,” he said. Derivatives have to be brought under “normal financial instruments.”

But what Ritholz most wants to see are:

1. issues “on the rating agencies, who are the prime culprit in this;” and

2. reasonable limitations on leverage, because “back in the days before the 2004 waiver, leverage was limited to 12 to 1. Once that was waved for the 5 biggest banks, they were 30,35,40 to 1.”

“At 40 to 1 there is zero room for error and we saw what happened,” he summed up.

CLICK HERE TO SUBSCRIBE TODAY AND ACCESS ALL OUR PAST AND PRESENT NEWSLETTERS.

U.S. Stocks Sink Most in Year on New Uncertainty

Well a big night on the futures and it happened again on a Thursday. The DOW finished up nearly 4% down for the day. We almost kissed the low of the big FLASH CRASH also.

We messaged our FFT SUBSCRIBERS today and given our impressions. I remember in our previous forecasts that we were hinting in 2010 that things are indeed not getting better like they keep preaching on TV. And that we would soon see the effects. The sad reality of this is now hitting the markets.

As U.S. Stocks Sink Most in Year on New Uncertainty we have to remember two things :-

- The BIG European bailouts are not the answer, and will not work.

- There is another major country in EUROPE in worse trouble than GREECE

You will soon see the realization of this in the coming months. I know I could get on my soap box and say, I TOLD YOU SO!. But seriously, what the hell would that be doing. My job is just to wake people up. You know to shake them, and warn them of the things coming. And help them make money in the process.

I have been shorting the EURO the last week or so and making very nice amounts of money, and some of our subscribers have also been doing the same. With options expiration tomorrow this can lift the market a little. But I gotta tell you, that next wee is going to be really interesting. There really is a fundamental shift happening here that I have not seen for a long time.

CLICK HERE TO SUBSCRIBE TODAY AND ACCESS ALL OUR PAST AND PRESENT NEWSLETTERS.

Have a look at the video below. Ron Paul telling it like it is.

What a brave man. I have seen another video where he starts ranting and he simply gets cut off. This time they let him go for his life.

Why do I like him? Well, like I said, he actually tells it like it is. He understands how the economy works and is decent moral human being.

Watch the video below.

CLICK HERE TO SUBSCRIBE TODAY AND ACCESS ALL OUR PAST AND PRESENT NEWSLETTERS.

I’m typing this from the my car so I hope this is able to get through to my blog. I will try to be brief and to the point!!

It is obvious from the chart below, that every man and his dog is going nuts over gold. And if you are a subscriber to our newsletter you would probably realize why. YES there are many economic problems that are continuing and they will not go away quickly like the governments around the world keep saying. Last time a similar event occurred, many people flocked to gold. Those people made a great money, and others learnt a valuable lesson.  Now we are just seeing history repeat itself.

Have a look at the chart below.

I have been holding gold for a long time, and have been buying on the big dips so it has been paying off big time. I am also a buyer of bullion and gold coins, which has sort of become a little bit of a hobby now. BUT I MUST TELL YOU SOMETHING VERY IMPORTANT! The way I have been making money on gold is on BUYING the big pullbacks. I feel that this massive move up in gold prices has happened to quickly and caught people in a panic, not to GET OUT OF GOLD, but to GET IN!!!! and quickly. And now we are back at previous highs, and what I would call in a double top area. This can sometimes sound the alarm bells, for a down move.

We are now seeing a double top in gold here and there is a bit of resistance. If you own gold, good for you! but if you are intrested to buy gold for the long term, it is probably better off to wait, as I have been. If commodities come under a little bit of pressure, due to continuing deflation, we could see prices come WAYYY down. But if that occurs, it will be time for you to become a gold shark, and put your money down on the table, as I have described above.

BUYING HIGH AND SELLING LOW, is the quickest way to go broke as an investor. SO remember BUY LOW, SELL HIGH and you cant go wrong. If gold starts falling…say 100 pts or so, we could see more of a significant sell off after. So, BUYER – BEWARE!!! In no way am I saying dont buy gold, but just be careful at these current levels.

Happy investing.

CLICK HERE TO SUBSCRIBE TODAY AND ACCESS ALL OUR PAST AND PRESENT NEWSLETTERS.