David Stockman probably plays with skeletons in his basement, conducting magic spells to bring forth famine and pestilence to America’s shores. He’s like a real life Devil Dog, only with a blog.
In his evening forecast, interviewed on CNBC, Stockman said markets are likely to plummet, as the uncertainties of the election aren’t even close to being priced in. Moreover, stocks are already pricey and susceptible to harrowing set backs.
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Vix signaling fear. Crash party started.
Too funny. You of all people, senor Fly, should know that these types of things are strong signals a monster rally is very near. You need to get back in to the gym and throw some iron around (then pound a dozen raw eggs)…it will clear your head and thus make you position accordingly. You should be preparing your space cannon.
THIS TIME IS DIFFERENT
There will most certainly be a rally … the question is from what level ?
What level would make you a buyer?
When I looked at money flow in SPY this afternoon, it looked like the rats were starting to abandon the ship.
Heh. NBC took down your video on Stockman. More people who can’t handle the truth.
http://video.cnbc.com/gallery/?video=3000565081&play=1