You really gotta understand how slaughtered people are getting right now—illiquid positions, leverage and a lack of joke of an industry transparency have combined to create the perfect storm….just ask John Devaney whose one awesome fund just went under.

Just like yesterday afternoon, today I have a full day of meetings with advertisers, partners, etc—don’t whine, you don’t need me to say when you should trade, if you’ve watched my PennyStocking DVD enough, you know EXACTLY what patterns and variables to look out for…and if I do these deals, I’ll finally be able to concentrate fully on trading/blogging…pray for me.

Not many pumps for me to short, just less predictable oil movers like FPP, HYGS, QTWW, blehhhh, I’ll take a good pump and dump any day of the week, but the pups go into hiding during market crashes…that’s the only reason why I care if this economy/market collapses—it influence pump and dumps!

Remember the other day when I featured FRE and FNM HERE as perfect breakdowns? Yeah well, those two stocks are influencing the entire market right now considering they account for half the $12 trillion market in home loans…educate yourself with THIS article—if they fail, say hello to Dow 10,000 and below (good, we could use a nice cleansing of all the dumb real estate money)! … [visit site to read more]