Some charts I thought interesting. I bought these 3/26

The Market As I See It

I understand, the bulls are hopeful with dreams of bottoms, the media has them thinking that the worst is over. Well I'm going to go out on a limb here and put it bluntly.

THERE IS NO FUCKING WAY IT IS OVER.

This is not a "correction" it's a full fledged bear market, with the possibility of being worse than the last. I recently posted the following on Wallstreak

It's a bear market dude. What goes up must come down, investment means forgoing consumption, except no one has, so now America is pretty well leveraged to the hilt and as the leverage unwinds all the assets bought with it must be sold. This is going to drive down the price of most equities. When combined with the dismal economic outlook you've got a double whammy. The fed, treasury, and media are trying to sugar coat it so people don't realize it all at once and panic into a crash. But really, how could anyone justify a resumption of the bull market here?

Bringing Us To The Present

It all started approximately one year ago. At the ripe old age of 24 it was decided that a new hobby/passion was needed. One which unlike the previous (automotive performance tuning) would theoretically lead to money coming in, rather than money going out. In retrospect this assumption was entirely incorrect. The money sent off to other better traders(or maybe their fiendish ly effective computers) is thus far somewhere around $13,000. An expensive education to be sure. That money would have made one hellishly fast Subaru WRX. However the market continues to be more consistently entertaining than a 10 or 11 second quarter mile.

This blog is to allow me to post up trades, charts, rants, or anything else I please really. There are no promises of regular posts or loyalty to readers. The blog is for me, not you. But perhaps you will find it interesting.