Jim Morrison

As Jim Morrison said, this could be the end my friend. I see the DOWn hitting 7700 before it's next move up.

http://www.youtube.com/watch?v=QHFK1yKfiGo

Sitting in the bar last night smashing down my usual I got into a discussion that didn't involve Latin women, horse racing or sports gambling so the odds where I was in a discussion way out of my depth.

It's a bull market he said. We have bottomed. You don't want to miss this move. I agreed on a few points, one being that the barmaids blouse had more buttons undone than done, and that a red bra under a white shirt is the only bull sign I can see.

Look every dog has its day and every day has a dog and the last 2 months even I mentioned to not stand in front of this freight train. But now we sell, now we short as this recent run will run out of steam so short it now as we did 2days ago with the triple short banks FAZ.

Foreclosures up 30pct on a year ago. Ah that's bigger then ben hurs undies. The change reaction to that is banks, consumer wealth, confidence will suffer a bit more pain.

Oh and one last point a study in the UK said that 1 in 3 could be effected by the swine flu. Surely that can't be right?

http://www.youtube.com/watch?v=QyZSckIjp4c

Giddy Up