18 Jan Confirmed Equity Bear Market and the coming PANIC

Some of my subscribers say:
"BTW good call to take profit and run yesterday on the Euro, when it tanked I had my limits in and ready"

"another brilliant call today, and it's not over yet.i have a stupid beginner question...when you have time to answer."

"the down move in Eur/USD finally came, well done!Do you think it will continue today?"

The 2 Commandments of Trading

If you trade, dun trade against the King
If you dun know what the King is trading, you better dun trade.

King Aragon a.k.a. DollarPro

Another one came in:

"I never really paid much attention to the forums and all the predictions made out there but since joining you I have been regularly checking. You go against almost everyone most of the time but you are also right most of the time while they are wrong, its really interesting to see the "experts" out there post. Thanks"

Equities Talk
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For the Equities guys out there, I am not holding a single drop of Equities. S&P Double Top is confirmed. See the chart, and you would see where is the bottom, it is scary. It is going to last for years. That explain why DXY would drop to 40 long term over a decade. All those GOOG, AAPL fans watch out.

Right on the opening week of January, a lot of fund manager were singing songs on Emerging Economies. Now Funds are pulling out of Asia. Hence the myth of "Asia decoupling from US" is a farce. Only the Asian governments are still chanting the tune. All those Sovereign Wealth Funds investment in US is just a trap to reduce the Asian wealth afterall.

The China forex investment company has only made small acquisition so far, compared to Singapore and Middle-east. The Chinese had learnt their lessons with BlackRock. By June, we would know who are the Ponzis in this subprime game. The biggest losers are not the Citi, Meryll, Bear Sterns, etc, but those SWF who pumps in the monies.

Also during the on-going year end audits, a lot of the goodwill carried on books of those M&A companies need to be revised downwards as much as 25% to 50%, bcos of the slowing economies, a lot of the Blue Chips would be showing bleeding balance sheets.

In fact, it is a myth that the market would turn up by 2nd half of the yr. Think we would still be bottoming then.

Option expiry coming, VIX is going to jump. PANIC is coming.

S&P is going into 1333 from 1350 now

Dow into 9000 from 12128

Asia is going to tumble, in fact more.
And when USD is getting stronger against the Asia currencies, we are closer to a repeat of the Asian Financial Crisis. By the way, Inflation is going to escalate, with food scare, riots, robbery.

It is the Final Battle of Megiddo.

When the Battle ends, guess what currencies would GOD be holding ?
None. GO(l)D is already HIS own currency.