Friday, November 27, 2009

Will Dubai Trigger Massive Selloff?

Remember, I said when oil and gold fall apart, so will stocks. This emerging market debt fiasco will cause the dollar to rise. This may be the beginning of a massive sell-off.

I am already short, but if you are an average investor who has been lucky to recover some of the gains you lost in the 2007 sell-off, now would be the time to take profits.

If you are a 10+ year investor and want to ride it out - enjoy the ride!

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