Monday, December 1, 2014

DJIA probably moving into a 3rd wave down.

Don't be surprised to see heavy selling into the close.  After all, last one out of a Ponzi scheme is left holding an empty bag and the criminals running Wall St. know it.  They have fleeced everyone that was left to be fleeced and now the ocean of stocks is only filled with sharks and no victims.  Thus, the sharks will now turn on each other and the ridiculous hot air built into these Ponzi markets will be let out.  My 2017 target is still deep sub 5k and would not surprise me at all to find it much lower.  Stocks are essentially worthless, just like the dollar and all other paper assets.  They will all eventually trade at their inherent worth.


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