China’s 11% Weekly Drop Finally Wakes the Sleeping Bears

How many times have I told you so?   Monday Market Manipulation: China's Third Attempt  (May 11th) Japan GDP Not Strong Enough – Now What?  (May 20th) China Stocks Drop 6.5% Yet The MSM Is Silent?  (May 28th)  Let's Ignore China (Again)  (June 26th)  China Is Down 5% – Why Are You Looking At Greece?  (July 8th) China Arrests The Short Sellers – All Is Well?  (July 9th)  China, Greece, Japan – Oh My!  (July 15th)  China Meltdown Part II: Now Are You Paying Attention?  (July 27th)  Wednesday – Shanghai Surprise (Manipulation) Ahead of the Fed  (July 29th)  Monday Mourning – The Mandarin Meltdown Continues  (Aug 3rd)  Technically F’d Tuesday – Death Crosses Hit Dow and NYSE Today!  (Aug 11th)  Monday Markdown – Morgan’s Fragile Five becomes the Troubled Ten  (Monday)  If China Drops 6% and no One Reports it, Does it Matter?  (Tuesday)  Whipsaw Wednesday – Monday Market Gains Gone in a Flash (Crash?)  (Wednesday) Remember, I can only tell you what is going to happend and how to make money trading it – that is the extent of my powers.  Yes, if you make me dictator for life, heads will roll (literally) and I could get this mess straightened out but, if you contine to elect the idiots you've been electing – all we can do is sit on the sidelines and make money trading.   Our bearish Short-Term Portfolio, for example, was up 124.5% at 1pm, when we reviewed it in our Live Member Chat Room ( you can join the fun right here ) but finished the day up 136.2%, gaining $12,000 in just 3 hours as the market continued to fall!  Why were we so bearish that a stock market crash gives us one of our best days of the year?  Because we pay attention to the stuff I wrote about above!   Yes, as fundamental investors we are often a bit too far ahead of the curve and we failed to participate in the last legs of the great China rally because we already decided it …

Embedded image permalinkHow many times have I told you so?  

Remember, I can only tell you what is going to happend and how to make money trading it – that is the extent of my powers.  Yes, if you make me dictator for life, heads will roll (literally) and I could get this mess straightened out but, if you contine to elect the idiots you've been electing – all we can do is sit on the sidelines and make money trading.  

Our bearish Short-Term Portfolio, for example, was up 124.5% at 1pm, when we reviewed it in our Live Member Chat Room (you can join the fun right here) but finished the day up 136.2%, gaining $12,000 in just 3 hours as the market continued to fall!  Why were we so bearish that a stock market crash gives us one of our best days of the year?  Because we pay attention to the stuff I wrote about above!  

Yes, as fundamental investors we are often a bit too far ahead of the curve and we failed to participate in the last legs of the great China rally because we already decided it
continue reading

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.