[Chris Scoreboard Johnston]

Chris Johnston

Rumor has it they have a big short position they are trying to “urge along.” I do not know if this is true.

Keep in mind they just downgraded C after it has fallen 43%, so their timing is at the very least very suspect, and at the worst criminal. Do not hang your hat on this call just because it is GS. By the time all of this is over, we may be surprised at the depth of deceptions even in places like GS. There is alot of massaging of numbers going on right now from the Federal government on down to individual companies, IMO.

The 3.9 GDP was a hall of fame bogus number.

[Chris Scoreboard Johnston]

Chris Johnston

Rumor has it they have a big short position they are trying to “urge along.” I do not know if this is true.

Keep in mind they just downgraded C after it has fallen 43%, so their timing is at the very least very suspect, and at the worst criminal. Do not hang your hat on this call just because it is GS. By the time all of this is over, we may be surprised at the depth of deceptions even in places like GS. There is alot of massaging of numbers going on right now from the Federal government on down to individual companies, IMO.

The 3.9 GDP was a hall of fame bogus number.

[Chris Scoreboard Johnston]

Chris Johnston

Rumor has it they have a big short position they are trying to “urge along.” I do not know if this is true.

Keep in mind they just downgraded C after it has fallen 43%, so their timing is at the very least very suspect, and at the worst criminal. Do not hang your hat on this call just because it is GS. By the time all of this is over, we may be surprised at the depth of deceptions even in places like GS. There is alot of massaging of numbers going on right now from the Federal government on down to individual companies, IMO.

The 3.9 GDP was a hall of fame bogus number.

[Chris Scoreboard Johnston]

Chris Johnston

Rumor has it they have a big short position they are trying to “urge along.” I do not know if this is true.

Keep in mind they just downgraded C after it has fallen 43%, so their timing is at the very least very suspect, and at the worst criminal. Do not hang your hat on this call just because it is GS. By the time all of this is over, we may be surprised at the depth of deceptions even in places like GS. There is alot of massaging of numbers going on right now from the Federal government on down to individual companies, IMO.

The 3.9 GDP was a hall of fame bogus number.

[Chris Scoreboard Johnston]

Chris Johnston

Rumor has it they have a big short position they are trying to “urge along.” I do not know if this is true.

Keep in mind they just downgraded C after it has fallen 43%, so their timing is at the very least very suspect, and at the worst criminal. Do not hang your hat on this call just because it is GS. By the time all of this is over, we may be surprised at the depth of deceptions even in places like GS. There is alot of massaging of numbers going on right now from the Federal government on down to individual companies, IMO.

The 3.9 GDP was a hall of fame bogus number.

[Chris Scoreboard Johnston]

Chris Johnston

For those of you that are interested in GOLD I just felt compelled to correct a post by stocktradr. There is no correlation that is meaningful between times of financial stress and Gold values. Just go look back at stock market crashes of the past and you will see that GOLD has actually declined more than it has rallied during these periods.

Put your money in GOLD if you think it is prudent, but do not do it for the reason that was stated, it is inaccurate. Inflation is the main driver of GOLD prices, I covered this in great detail in one of my newsletters to clients last year. It is true that inflation at times has been present during stock declines, but it has not always been there.

The ETrade situation is a shame, but I doubt a reason for immediate panic. Fear is a great sell for books etc.. but rarely pushes you into correct decisions.

[Chris Scoreboard Johnston]

Chris Johnston

For those of you that are interested in GOLD I just felt compelled to correct a post by stocktradr. There is no correlation that is meaningful between times of financial stress and Gold values. Just go look back at stock market crashes of the past and you will see that GOLD has actually declined more than it has rallied during these periods.

Put your money in GOLD if you think it is prudent, but do not do it for the reason that was stated, it is inaccurate. Inflation is the main driver of GOLD prices, I covered this in great detail in one of my newsletters to clients last year. It is true that inflation at times has been present during stock declines, but it has not always been there.

The ETrade situation is a shame, but I doubt a reason for immediate panic. Fear is a great sell for books etc.. but rarely pushes you into correct decisions.

[Chris Scoreboard Johnston]

Chris Johnston

For those of you that are interested in GOLD I just felt compelled to correct a post by stocktradr. There is no correlation that is meaningful between times of financial stress and Gold values. Just go look back at stock market crashes of the past and you will see that GOLD has actually declined more than it has rallied during these periods.

Put your money in GOLD if you think it is prudent, but do not do it for the reason that was stated, it is inaccurate. Inflation is the main driver of GOLD prices, I covered this in great detail in one of my newsletters to clients last year. It is true that inflation at times has been present during stock declines, but it has not always been there.

The ETrade situation is a shame, but I doubt a reason for immediate panic. Fear is a great sell for books etc.. but rarely pushes you into correct decisions.

[Chris Scoreboard Johnston]

Chris Johnston

For those of you that are interested in GOLD I just felt compelled to correct a post by stocktradr. There is no correlation that is meaningful between times of financial stress and Gold values. Just go look back at stock market crashes of the past and you will see that GOLD has actually declined more than it has rallied during these periods.

Put your money in GOLD if you think it is prudent, but do not do it for the reason that was stated, it is inaccurate. Inflation is the main driver of GOLD prices, I covered this in great detail in one of my newsletters to clients last year. It is true that inflation at times has been present during stock declines, but it has not always been there.

The ETrade situation is a shame, but I doubt a reason for immediate panic. Fear is a great sell for books etc.. but rarely pushes you into correct decisions.

[Chris Scoreboard Johnston]

Chris Johnston

For those of you that are interested in GOLD I just felt compelled to correct a post by stocktradr. There is no correlation that is meaningful between times of financial stress and Gold values. Just go look back at stock market crashes of the past and you will see that GOLD has actually declined more than it has rallied during these periods.

Put your money in GOLD if you think it is prudent, but do not do it for the reason that was stated, it is inaccurate. Inflation is the main driver of GOLD prices, I covered this in great detail in one of my newsletters to clients last year. It is true that inflation at times has been present during stock declines, but it has not always been there.

The ETrade situation is a shame, but I doubt a reason for immediate panic. Fear is a great sell for books etc.. but rarely pushes you into correct decisions.

[Chris Scoreboard Johnston]

Chris Johnston

A low will be made sometime in the next 30 days either here or slightly lower, then a rally into years end to allow fund markups and bragging to fundholders of a good year.I doubt that rally will make new highs. Then a dip starting Mid Jan to Mid Feb probably back to about where we are here or slightly lower, into a significant low in March, and a big rally from there upwards in the election year. Even if we do not dip into March, that should be a major low point time wise to launch a nice advance so even if we have strength going into that date, it will still be a buy point. This current dip is a great buying opportunity, but I think a significant top will happen in 09.

I am looking for a signicant shorting opportunity for Bonds at the beginning of the year, but I will have to see if the fundamentals are lined up when we get there. I am sure this is not exactly correct, but it is what my analysis tells me to look for, I will make adjustments as necessary.

[Chris Scoreboard Johnston]

Chris Johnston

A low will be made sometime in the next 30 days either here or slightly lower, then a rally into years end to allow fund markups and bragging to fundholders of a good year.I doubt that rally will make new highs. Then a dip starting Mid Jan to Mid Feb probably back to about where we are here or slightly lower, into a significant low in March, and a big rally from there upwards in the election year. Even if we do not dip into March, that should be a major low point time wise to launch a nice advance so even if we have strength going into that date, it will still be a buy point. This current dip is a great buying opportunity, but I think a significant top will happen in 09.

I am looking for a signicant shorting opportunity for Bonds at the beginning of the year, but I will have to see if the fundamentals are lined up when we get there. I am sure this is not exactly correct, but it is what my analysis tells me to look for, I will make adjustments as necessary.

[Chris Scoreboard Johnston]

Chris Johnston

A low will be made sometime in the next 30 days either here or slightly lower, then a rally into years end to allow fund markups and bragging to fundholders of a good year.I doubt that rally will make new highs. Then a dip starting Mid Jan to Mid Feb probably back to about where we are here or slightly lower, into a significant low in March, and a big rally from there upwards in the election year. Even if we do not dip into March, that should be a major low point time wise to launch a nice advance so even if we have strength going into that date, it will still be a buy point. This current dip is a great buying opportunity, but I think a significant top will happen in 09.

I am looking for a signicant shorting opportunity for Bonds at the beginning of the year, but I will have to see if the fundamentals are lined up when we get there. I am sure this is not exactly correct, but it is what my analysis tells me to look for, I will make adjustments as necessary.

[Chris Scoreboard Johnston]

Chris Johnston

A low will be made sometime in the next 30 days either here or slightly lower, then a rally into years end to allow fund markups and bragging to fundholders of a good year.I doubt that rally will make new highs. Then a dip starting Mid Jan to Mid Feb probably back to about where we are here or slightly lower, into a significant low in March, and a big rally from there upwards in the election year. Even if we do not dip into March, that should be a major low point time wise to launch a nice advance so even if we have strength going into that date, it will still be a buy point. This current dip is a great buying opportunity, but I think a significant top will happen in 09.

I am looking for a signicant shorting opportunity for Bonds at the beginning of the year, but I will have to see if the fundamentals are lined up when we get there. I am sure this is not exactly correct, but it is what my analysis tells me to look for, I will make adjustments as necessary.

[Chris Scoreboard Johnston]

Chris Johnston

http://www.iamafuturestrader.blogspot.com/

I do not post every day, but when I feel I have something worth discussing I throw it out there

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