Friday, October 16, 2009

Week long woody ends!

Nothing like B of A losing a cool billion and GE posting a 42% drop in profits to make the markets willy go limp. I have been laughing all week at the sheer stupidity of the media as they cheer the Dow hitting 10K again. Who cares what does Wall Street have to do with main street. All my friends are looking for work and Goldman (ie The Death Star) post quadruple profits. Light the torches dudes its time! If you don't believe me check out this interactive chart the Zero Hedge dudes found on unemployment. It starts out like Bambi and ends like a Sam Peckinpah movie. The sad part is that its reality. http://tipstrategies.com/archive/geography-of-jobs/

There are no new setups today lets just see how much we shrink!