Financials and Housing only a trading bottom ..More misery to come in the future

We have a short term trading bottom on this group most of the easy money has been made. The worst is yet to come

Oh yeah, Financials are about to have a Jennifer Lopez effect...(Bottom out)

Here, here.

 

Our economy is woefully supervised/maintained by:

 

1) congressional clowns who only know how to tell lies.

 

2) by a FOMC chairman who has pretty much thrown in the towel on this dismal affair he inherited from idiot Greenspan and is basically just saying, "f--k it, just print more money and hopefully I'll be dead and gone by the time we all got to pay for this."

 

3) a treasury secretary who is running the largest hedge fund on the planet with his lies............the US Government.

 

4) a fool for president whose only interest outside of his gd "cowboy rhetoric" is to do what Dickie and daddy tell him.....as in protect our big oil cronies.

 

5) and the biggest idiot of them all..........the US consumer who is 100% influenced by what he/she sees on CNBC, Entertainment Tonight and/or "The National Enquirer."  (Both are pretty much the same rubbish, btw).

 

Scholar Ben would do us all a big favor if he turned off the printing press and just allowed the financial institutions to fail.  Yeah the mess would be hideous, but imagine the mess 5 years from now..........then you really will get a "Road Warrior" society dominated by warlords and slaves working for them.