The Music Is Stopping...Chairs Everyone!

This bear market has been brutal and in my opinion is not over. I see it this way...the collapse of the world's greatest financial/banking system should lead to the greatest bear market in history. To quote Newton's third law of motion, "To every action there is an equal and opposite reaction." One may argue that the law's of motion don't apply to the stock market but i think they apply just fine. The law of inertia is another one to think about but that one can be more fickle.

The worry now is Citibank. At less than $5 there is obviously a problem. Could C be on the way to insolvency and a government bailout? If C goes bust that may very well be the nail in the coffin that ends this bear market, or at least ushers in the end game.

Using short etf's and other instruments have kept us alive so far and I believe there is more to go on the downside. But, time will tell. Stay tuned.