Monday, June 15, 2009

What Is Next

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1) The multi month up trend in equities is over for the summer....take some profits...too much money has been made in a small time frame...trends are reversing.
2) California....contract law is going to be tested (again) for the Chairman of WDC, LLC. Will he take over California? Will he guarantee even more debt? Will losses be allowed here to set an example for the rest of the Union?
3) The US Dollar gets a fan in Russia?? The Chinese go silent (be sure to understand the hidden agenda). America's global appeasement will be tested....the reflation trade is on the back burner for now. North Korea does not even get a wink.
4) Congress will ram down every one's throats as much new law as possible....this summer.. knowing that Americans are starting to catch on to this nonsense.....few people we speak to (on the left) are aware of the collateral damage being put on America's balance sheet.
5) Smart investors all across the world said over the weekend Natural Gas is the most undervalued "asset" today..it should be no surprise it is up today..... (it is also important to read everything you can on weekends to have this knowledge).

The founder of the world's largest Internet search engine said last week, "Sometimes it is important to wake up and stop dreaming" and "The optimism of youth is often underrated".

We agree, America's best days are in front of us not behind.....and the youth of today are anxious and ready to compete and contribute......but until this current storm passes they will have to wait their turn and pick up the pieces....competing with billions more people around the world. We know of no one who will hire long term into this current business and political environment.

Danny Boy seen here is ready to play ball and enjoy the summer.