Market Comments

For back history of where the markets are at, and where they are going, read my post on market top Jan 21st and what catastrophic wave c is.

By no means am I convinced the market will crash or make a beeline to zero. But I do think we may have seen the market top for years to come this past month. I am 100% short across the board as of January 21st. Then again, I was 100% short August 2009, and I think probably 3 more times since then. I guess if I do this 50 times, one time I'll be right.

If you like gold/gold miners, GDX at 38-35 is not crazy, but for me, I'll wait for this shakeout to play out.

All eyes will be before the market opens Friday for the jobs report. I think there may be a -900,000 jobs "adjustment" for all the "fictitious birth/death" model for 2009 games played.

Good luck. 2010 will not be a picnic for any investor.

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2