Alas, we have been a bit slack posting this week, but then what do you expect from a free site. We have been laser focused on what we consistently suggest people do, "Follow the money!" This so when the big reaming comes, at least you will know who you were reamed by. After all it's only your 401k's and pensions and retirement funds and jobs and country and freedom, BUT take gander at the following pic:
Now heres the gig o.k. the chart is a short Europe chart. the one below it is a chart of the Dow. First thing this morning on CNBC Treasury Secretary Tim Giethner tells Jim Cramer that everything in Euroope is going to be A O.k. Then around 1:00 Greece, France, and Germany have a little phone sex, smoke a cigarette and then let the mainstream press know that everything is cool, Greece isn't getting kicked out of the Union and they will give them some more money. Which of course make the German people who have to work until their 65 before retiring because the Greeks get to retire at 50???? Ummm, did we mention something about reaming above?????
But we digress. So anyway, well the stock market takes off like a Rocket because now all is well. Never mind that Greece is broken, Spain is broken and Italy is broken and French banks were recently downgraded????
But then a funny thing happens somewhere around 15-20 minutes into the close of the Market. The Dow loses over a hundred points from it's high bang, bang, bank. And the short Euro play starts moving up. See the pretty pictures? See one goes down while the other goes up? See how coincidental that is????
Now at 2:30pm today I e-mailed a friend the following:
