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FYI This is serious and I'm taking the time to write this so please be aware we could see a Big market crash in the next few days or weeks.
Especially after T day or after the first of the year.
Be very aware of the stock market, I posted on this over the past few months. Everything I've stated has come true including Gasoline less than $2 a gallon.
Money is fleeing the market with the uncertainty of business and the massive liquidity issues.
Things in the market are very serious right now. If the Dow drops below 7000. The Next great depression will occur and The market could go down to 4000 easily, This is huge. Massive layoffs and store closures will then occur. Government will also have to reduce payrolls and services
Clean energy today traded around $3.50. I posted a few weeks ago it would go down to $3 I also posted about oil going to $55 a barrel. Both came true.
If CLNE closes below a $1 in the next few weeks It may be worth buying, but Gasoline prices are going to kill alt fuels. So I would stay way. Clean diesel will make a comeback in city bus fleets. T boon is getting creamed.
If the market holds above 7000 until the end of the year and into the first 4 months of next year this will be market bottom,
The economy isn't looking any better and I think were headed south in a big way.
Gasoline is below $2 today in LA. Oil will continue to drop to $45 a barrel and may go down to $35 by Feb 09. $1.55 a gallon Mario....The Dollar will rise in Price vs most other currency's helping reduce the cost of Oil, and foreign products.
Inflation will occur next year when interest rates rise. Deflation will occur on Autos Real estate and anything with massive surplus..... clothes electronics ect. Many businesses will fail.
The auto industry will have a massive bankruptcy sale in they next year. The Cars are piling up in the ports and on the lots. 3500 car Dealer ships will close nation wide this year. The tax payers can't afford to bail anyone else out.
No one in the media or government is talking about the cause and solution to fix the financial problems.
This is global bank liquidity and global currency financial warfare. Europe, Asia and China have all come to the aid of the financial markets, except the Middle east, and Russia The Middle east has a lot of our gasoline money, they haven't come to our aid, Why?
They want to see our democracy fail. Russia is back to super power not so friendly status. China needs to sell products world wide to keep there billions of people happily employed so they are on our side and have been providing Lots of bail out $Loans for the USA.
China however announced a bail out package for there citizens and the $$$ for loans to the the USA is drying up fast...
Russia is making a lot of $ on military hardware selling to our enemy's. China is too but they are making more on selling goods vs guns worldwide and want to keep there massive population happily employed.
Keep your eyes open, because things world wide just may start to change rapidly. I foresee Riots in China and Breadlines here in the USA.
Drought here in the USA will become a major issue this year and water will also increase in price.
A massive new Deal with the new Obama administration, may eventually lead to a hydrogen highway, but our country and the world are in massive debt.
The middle east oil $$ billions will start buying up America when the dow crashes to 4000. They made a lot of $ on shorting the markets before 9/11. They know they can't fight a war and win face to face, but they can fight financially.
There not going to fight us on the battle field they are going to own us with our own money spent on foreign oil. Think about it,
Why isn't OPEC loaning $$$ to US auto makers don't they have a vested interest in successful gasoline sales. 25 billion is nothing compared to the 700 billion they made last year and the billions they have stashed away.
I'm not a doom and gloom guy just a serious technical market watcher.
Especially after T day or after the first of the year.
Be very aware of the stock market, I posted on this over the past few months. Everything I've stated has come true including Gasoline less than $2 a gallon.
Money is fleeing the market with the uncertainty of business and the massive liquidity issues.
Things in the market are very serious right now. If the Dow drops below 7000. The Next great depression will occur and The market could go down to 4000 easily, This is huge. Massive layoffs and store closures will then occur. Government will also have to reduce payrolls and services
Clean energy today traded around $3.50. I posted a few weeks ago it would go down to $3 I also posted about oil going to $55 a barrel. Both came true.
If CLNE closes below a $1 in the next few weeks It may be worth buying, but Gasoline prices are going to kill alt fuels. So I would stay way. Clean diesel will make a comeback in city bus fleets. T boon is getting creamed.
If the market holds above 7000 until the end of the year and into the first 4 months of next year this will be market bottom,
The economy isn't looking any better and I think were headed south in a big way.
Gasoline is below $2 today in LA. Oil will continue to drop to $45 a barrel and may go down to $35 by Feb 09. $1.55 a gallon Mario....The Dollar will rise in Price vs most other currency's helping reduce the cost of Oil, and foreign products.
Inflation will occur next year when interest rates rise. Deflation will occur on Autos Real estate and anything with massive surplus..... clothes electronics ect. Many businesses will fail.
The auto industry will have a massive bankruptcy sale in they next year. The Cars are piling up in the ports and on the lots. 3500 car Dealer ships will close nation wide this year. The tax payers can't afford to bail anyone else out.
No one in the media or government is talking about the cause and solution to fix the financial problems.
This is global bank liquidity and global currency financial warfare. Europe, Asia and China have all come to the aid of the financial markets, except the Middle east, and Russia The Middle east has a lot of our gasoline money, they haven't come to our aid, Why?
They want to see our democracy fail. Russia is back to super power not so friendly status. China needs to sell products world wide to keep there billions of people happily employed so they are on our side and have been providing Lots of bail out $Loans for the USA.
China however announced a bail out package for there citizens and the $$$ for loans to the the USA is drying up fast...
Russia is making a lot of $ on military hardware selling to our enemy's. China is too but they are making more on selling goods vs guns worldwide and want to keep there massive population happily employed.
Keep your eyes open, because things world wide just may start to change rapidly. I foresee Riots in China and Breadlines here in the USA.
Drought here in the USA will become a major issue this year and water will also increase in price.
A massive new Deal with the new Obama administration, may eventually lead to a hydrogen highway, but our country and the world are in massive debt.
The middle east oil $$ billions will start buying up America when the dow crashes to 4000. They made a lot of $ on shorting the markets before 9/11. They know they can't fight a war and win face to face, but they can fight financially.
There not going to fight us on the battle field they are going to own us with our own money spent on foreign oil. Think about it,
Why isn't OPEC loaning $$$ to US auto makers don't they have a vested interest in successful gasoline sales. 25 billion is nothing compared to the 700 billion they made last year and the billions they have stashed away.
I'm not a doom and gloom guy just a serious technical market watcher.
I am waiting for the cowboy trucking bail out so I can give myself a abig fat raise just kidding I dont want any thing the basterds have and and dont want them taking anything from me so much for wanting but it is good to see there is some out there thinking to raise these questions cowboy
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