[Candor7]

Investment Dead Cat Ping!

[melancholy]

Thanks for the ping, Candor7.

For the time being, I’m under water in FAZ (3X short financials) because of the fake market “euphoria.”

A couple of days ago on CNBC, a trader laughingly said something like “an unknown or invisible force is buying stocks to prop the market.” Everybody laughed in acknowledgement.

I believe it’s the feds because Soros and the like sold their stocks and went into gold.

I’m thinking to double up on FAZ because the financials are wilting and the foreclosure problem is mounting with much more foreclosures coming.

I know it’s dangerous but, what the heck.

[stephenjohnbanker]

I’m surprised we even have a stock market left.

Oh yeah...Procter & Gamble sells a lot of cleaning stuff ;-)