Wednesday, November 19, 2008

U.S. stocks slammed to five-year lows as financials fall


Today the $indu confirmed the $tran with new lows--the bear market continues.


$indu may correct to as low as 7100 on this leg of the bear market. $Gold may correct to as low as $550. Can you spell DEFLATION??? Once this bear market is over we can look forward to hyperinflation. Watch the price of gold and the price of oil.
I covered my UBB put option at a nice profit today.



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