The writing has been very plain since July/August 2008.
The GREAT MARTIS warned us of the broadening formation, the period of distribution and legalised theft.
Profits to be made by experienced traders like you if they know how to short, none by me as I thought I was a long term holder type when in fact I am a scardy cat. I put my super money in cash last September and have struggled with my attemp at buying for the longer term (longer term has been reduced from years to several days??). While I sold down to a fraction of what I had, I should have gone completely into cash as the remaining portfolio of mining/oil specs is in the red. I will not go bust from this, just annoyed I did not fully take my own advice.
I suggest you get a daily dose of Mish Shedlock at http://globaleconomicanalysis.blogspot.com/ and some other capable bear type realists.
Good luck, as even you may need some in this market.
