Thursday, September 17, 2009

Rubba Dub Dub Rusty Boats in the Tub

If everything is so great out there why are all these EMPTY boats in Singapore rusting idle in the bay. The same holds true for China, Britain, Belgium, Dubai, and the Gulf of Mexico. As my 93 year Polish grandmother used to say "ta riba schmerji", roughly translated "something smells fishy here"! They are waiting for us to restart buying all the crap we dont need again of course. But everyone I know is broke hmmmmm. Read the article here at Zerohedge http://www.zerohedge.com/article/thousands-rusting-ship-hulls-are-fitting-tribute-speculative-market-bubble

Interesting day, could be the turn finally or not I don't know. Looks like it will end with a nice doji candle forming signifying indecision. Tomorrows pick is UDN long @ 28.18 Good Luck.