Friday, November 25, 2011

Markets marching into Bear Market

According to a Stan Weinstein interview, if we close below S&P 1190, we will be resuming the bear market. It is no surprise, except in one respect. For some reason, the powers that be are, in my opinion, have been naked short selling the market. When George Soros was interviewed in 2009 by Maria Baritoroma, she asked, “How was your ’08?” He exclaimed, “I had a great ’08.” As many know, it has been said that Soros bankrolled Obama’s presidential bid. A massive transfer of wealth occurred from the 401k & IRA & cash accounts of thousands of baby boomer accounts in 2008, unfortunately. Hopefully, many have learned to stay clear of the machinations of Wall Street.  Below is Weinstein's interview:

http://www.financialsense.com/financial-sense-newshour/big-picture/2011/11/12/01/ryan-puplava-stan-weinstein/markets-still-in-neutral-territory

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