The Correction On The Stock Market Is Coming And It Will Be A Bloodbath

The correction, soon to be crash, is here: the market had a bigger relative open to close move today than it did on May 6. We closed at the day’s lows on massive volume, despite definitive central bank intervention, regardless whether it was the SNB, the ECB, or the Fed. The central planners have lost control of the market, and all thanks to the inevitable collapse of hyper capitalist Keynesianism coming out of the formerly most communist country in the world. A day of ironies. And it’s not over. Futures are already down another 4 handles. The correction is coming, and it will be a bloodbath. The Fed can not push rates lower. It will print. It is inevitable. It is our destiny.

OBAMA "KILLING MY 401K"

The Dow Jones average is tumbling everytime President Obama makes one of his "Dumb Ass Proposals". This Clown is killing my 401k as the Dow Jones dropped 251 points on Friday March 28. The stock market opened below 7,000 for the first time since October 1997 when a international group reported massive quarterly losses and restructuring of its bailout by the government. Therefore, both the Dow Jones and S&P are at there lowest levels in ten years as the market remains anxious about the state of the global economy and world financial systems. I REPEAT NO MORE BAILOUT PLANS. Damn another 30 billion for AIG and all I get is a $13 a week tax cut.