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Trading Now

Friday, May 7, 2010

UNEMPLOYMENT rise to a WHOPPING 9.9%

* what can this mean for the stock market? A precipitous slide I imagine. If you have been paying any attention at all to the market since it hit 11,000, it has been SLOWLY winding its way down so as to leave the SUCKERS like you believing that everything is fine when it really isn't. Guess who sold all of the toxic assets sitting on European banks balance sheets? Thats right, the good ole boys from the USofA. So if you think with these numbers that we can weather what is happening overseas you are sadly mistaken and misinformed. But my opinion may change once the market opens so risk little.

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