This will be a historic black Monday type of thing. Hedge fund managers and traders alike will return from vacation with a new perspective on life and extreme bias to sell. They will come to realize this stock shit just isn’t cool anymore. What’s cool is being with family and friends not gambling in this bullshit casino.

Face it, the world is going to end in 2012 and no one wants to own stocks. They want to own things like toilet paper, US dollars, gold bars and large weapons. Lucky enough for me, I live in Canada and we shall be the sole survivors, because our banking system is so strong(right?). I also have several holes buried in my garden containing valuable things like cigarettes, alcohol and Playboys. Don’t worry, no metal boxes were used. All carbon fiber and trust me they are impossible to find.

Moving on, I expect AMZN to file for bankruptcy. Top sales include the Kindle and Call of duty? A ebook reader they make no money on and a video game. Pathetic. I will summarize my feelings on AMZN with a single chart.

Increasing Sales and Decreasing Profits. I played with the idea of doing a writeup on the margin squeeze that AMZN is currently experiencing, but decided this single chart is explanation enough. If you’re curious, go to this link to find the bullshit slide show from AMZN. It includes many charts on increasing sales, but very few on the decreasing profits. Typical business shit, hiding the monsters in the closet till unsuspecting investors fall asleep. Only to never wake, because they are currently bankrupt and dead.

If the SPX were to move above 1,270 then I would be forced show the bulls some respect.

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