Weekend up - The bear is back and hungry

What a week... but we were expecting this for sometime. That was nothing new, but simple a result of all what was done by politicians and their fellow friends with taxpayer money. They tryied to reflate the credit bubble, using keysenian economics, and the result is the implosion that is starting now. The 10 minute crash was just a little show of what will happening from now on until the system clears all the ficticious assets and people that exists in the system. Analysts payed big time have no idea what is going on. The system is rewarding who don´t give a damn or really study the markets or economics, because they have friends in high places and thinks that them will always save their buts, but... not anymore. Something changed and the change, if you don´t adapt and protect yourself is going to be bad.

Sometime ago in this blog i told you what was going to happen, because what we are seeing now is only the application of the rule. We can´t print phantom money from air, producing nothing and expect that magically things will go our way. That can´t be done, and with politicians even less.

There are a saying that i shared with you and will share again:
"‘There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.’ – Ludwig von Mises"

I see people looking to buy bonds from Greece @ 65% GAMBLING with luck. I see no fear and a huge buying opportunity, but they are wrong. Don´t follow that people, study true economics and true Technical Analysis. Now with interne we have access too lot´s of blogs with true meaning. I have a couple of them in my blogroll.

this would happen and now what? For me is the start of the system deleveraging, forced by the market.
http://www.zerohedge.com/article/sarkozy-will-get-%E2%80%9Cstuffed%E2%80%9D European Union will fight speculators... HA HA HA HA what a morons. What are the speculators? Speculators are the politicians and other alike that are TROWING MONEY @ the system praying that will do any good. THEY ARE PLAYING WITH YOUR MONEY, THEY ARE THE SPECULATORS... If politicians want to do any good resigns itselfs. Do a favour to the markets and resign, give people free choice and don´t tell them that credit is good, credit is the only way... stop inflating prices so people borrow more, LET THE PRICES ADJUST TO OUR MEANS.

Please be carefull in this rigged market, don´t buy risky assets, protect yourselfs because in some years from now really good oportunities will present themselves. And traders, let´s enjoy huge volatility from now on.

I told some investment banks friends last year to sell everything in Greece, Italy, Spain, Ireland, Uk, etc, etc, because i was seeing those economies would fail, has the keynesian model is a total failure, but they didin´t listen and kept buying because government was in charge and control... Now they are afraid and should be because THIS PONZI SCHEME Is rolling over and will fail. The world is full of Madoff´s, and they are about to be exposed by the markets itselves. I was sad because people like me that tell the truth and were seeing this miles ago and trying to show what would happen and is happening were not listen and ridicularized. But i sense that now more people are opening their eyes and studying true economics (less government and much more private sector) and telling each other enough is enough.

I will put some charts where we can see VIX EXPLODING above huge resistance levels and my road map for S&P500. You can also listen directy from USA pits what happened (http://www.zerohedge.com/article/panic-and-loathing-sp-500-pits). And please don´t believe in the BS of government telling you that someone push the wrong button. Enough of lies i say, that mini crash was seeing miles away from me and other, and a weeks ago i told people to buy Volatility.

Have a nice weekend and welcome to the forced deleverage. Welcome to a new world. Study and open your eyes and mind.

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