dspark123
Short

Midas-daily profit SPY

BATS:SPY   SPDR S&P 500 ETF
151 0 1
As I predicted and mentioned on the publication yesterday, today's market was bearish .
Once the price started to fall down below the opening price, it was the time to short at the peak of 5 min chart, short only as long as bearish trend is presented. This week, Earning season will test fundamentals.
We are in the sucker's rally from Fed's cheap money supply , created by speculative derivatives from banks vault, instead of being lend. There is no creating manufacturing productivity.
Huge baby boomers are retiring and tide of spending will become decreasing in our 70% spending economy.
All are bubbles which eventually will be busted sooner or later. Time is coming....big crash! Be ready and prepare. Until that time, sit tighten belt. It will be wise to cash out and stay aside when sign of Tsunami is coming.
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