German Bond Sale Failure, China's Economy Contracting, ...

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A little preparation for some possibly large economic 'issues' may be in order.

Signs of Weakness in Chinese, German Economies - Fox Business Video - Fox Business

Joe Mobley
#china #contracting #economy #germany
  • Profile picture of the author DannyTX
    I haven’t checked in for a while and when I have the forum has been down a few times. I actually logged in this time just to see if anybody was discussing global financial issues.

    I trade pretty much full time and have for about twenty years. Right now is the time to sit down and seriously evaluate your investments. The dominos are falling. Greece is a flat domino. Portugal’s debt rating was dropped to junk today. Italy might as well be junk, as well as Spain. Germany holds the “Ace in the Hole” and is NOT GOING TO PUT THE ACE ON THET TABLE!!! They have been there done that.

    I am 100% short the market, but mostly being a day-trader jump in and out daily. I don’t have a crystal ball. However, I think what is in the not too distant future will make 08 look like getting short changed at a Coke machine.

    And since I am extremely busy with some other projects I likely won’t be back on here again for a bit.

    Good luck out there.
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