Sunday, November 01, 2009

Saluzzi: This is a Bull Trap!

I like This Guy -- He's Good

  • This is just the beginning of the downtrend.
  • If the Fed's money printing stops, this economy has nothing to stand on.
  • The Dollar could make a turn.
  • Unemployment is not a lagging indicator.
  • The consumers are not spending -- they are broke!
  • This is a bull trap! The herds will not know this until AFTER the markets have made a turn.
  • Be cautious. Don't fight the Fed + government.
  • Brazil -- a speculative stock market.
  • The stock market is a casino.
  • The real economy is not the same as the stock market.
  • Money printing ain't going to work. Let companies fail!
  • When there's no jobs, people don't spend money. This is not the bottom, we have lower to go.
  • You've been fooled by the government!

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