Friday, November 9, 2012

Black Swan Capital ~ Sell stocks ~ Buy Dollar

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We Remain Long-term Bears on Stocks and Bulls on the Dollar

About six-weeks ago, our wave count suggested it was time to get short stocks. We shared the chart below with our Global Investor service Members at the time, suggesting they get short the Dow Jones Industrial Average. So far so good...

We noticed Marc Faber was at it again yesterday, suggesting US stocks should have fallen at least 50% now that the left's hero is back in the White House.

From my partisan perch, I have seen what President Obama has done to us in four years, so was a bit surprised/shocked/stunned/angry/amazed (insert other words not appropriate for a family publication) he was rewarded with four more to completely finish the job of destroying the US economy.

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