|
The Lawyer
|
|
Freedom Lawyers of AmericaA site that will chronical the dark side of the news to show what happens when freedom is dying and to sell his books SHELLY WAXMAN'S BOOKS. We also foster and certify the proper use of independent contractors. http:independentcontractor.info CHECK OUR WEBSITE http://thelawyer.info WHERE YOU CAN ALSO ACCESS OUR FREEDOM LAWYERS YAHOO GROUPWednesday, July 31, 2002GET OUT OR STAY IN?
If you're a new subscriber and still own stock in corporate America,
you don't have much time. Unless you act immediately, the window of opportunity this rally has opened for you could snap shut. GET THE HECK OUT before the next crash, which could be the biggest of all. Meanwhile, if you are out of stocks, count your blessings and start making back any old losses with a ton of interest. My option subscribers are bagging profits hand over fist -- with 400% ... 231% ... and 266% profits in just the last four weeks. Too late for you on those profits, but there's a whole new crop of profits right around the corner. Take advantage of the last gasp of this rally to get positioned immediately! The Dow has not even come CLOSE to breaking through the sharp downtrend line. It hasn't even eclipsed the very FIRST major level of resistance. The rally is bumping up against a ceiling -- a critical point where sellers are about to come roaring in to sell all the stocks they didn't get out of earlier. It's already happening. As I write this, the Dow is already down 55 points. Look, it makes sense: Investors have lost a TRILLION dollars in the last three months alone; a full $8 trillion since the bear market began. They've been suffocating under the weight of these losses, searching desperately for an escape hatch. Now, this rally in the market IS the escape hatch, nothing more. By now, almost anybody with an IQ higher than an eggplant knows that Enron, Global Crossing, and WorldCom were NOT just "a few bad apples," that what has been revealed so far is JUST THE TIP OF THE ICEBERG: * Just yesterday, it was revealed that Qwest officials personally made about $500 million in stock sales while they cooked the books by more than $1 billion. * The AOL fraud investigation is just NOW getting underway. AOL Time Warner shares are already down 87%. When the results are revealed, expect AOL Time Warner shares to be decimated. * Merrill Lynch is again in the hot seat -- this time for firing the one analyst who had raised serious doubts about Enron. * By August 14, more than 900 CEOs will be forced to personally swear to the accuracy of their financial statements or confess to accounting manipulations. Expect a huge wave of confessions that will wipe out this rally in a matter of days. On top of all this, the US banking system is in trouble The investigations into Citigroup and JP Morgan Chase have BARELY BEGUN to reveal the behind-the-scenes manipulations and collusions -- not just for Enron, but possibly for dozens of giant corporate clients that cooked their books. Meanwhile, trouble is flooding into the US banking system from overseas. Brazil's problems are about to hammer US banks -- and shares -- with a vengeance. Brazil's currency plummeted 5.1% just yesterday! Its bonds cratered to 53 cents on the dollar, as interest rates surged to 23%. Brazil is now more likely than ever to default on its staggering $337 billion in debt. US banks hold tens of billions of this debt, and they're going to have to write much of it down. This is a very hostile environment for stocks Any rally you see is a selling opportunity. It's the reverse of the '90s. Back then, investors learned to buy every dip in the market. Now, they're learning to sell every rally in the market. That's why all rallies keep failing every time the Dow hits resistance on the charts. You don't have much time. Unless you act immediately, the window of opportunity that this rally has opened for you could snap shut. This rally is your very last chance to GET THE HECK OUT before the next crash, which could be the biggest of all. If you have any stocks whatsoever still in your portfolio, start selling immediately. If the market rallies for a couple of days more, sell more. (The only exception: The gold mining shares and energy fund we recommend in our "Mr. Conservative" portfolio.) Then, use this rally to get immediately into position to start making some money from the next crash. Archives05/01/2002 - 05/31/2002 06/01/2002 - 06/30/2002 07/01/2002 - 07/31/2002 08/01/2002 - 08/31/2002 09/01/2002 - 09/30/2002 10/01/2002 - 10/31/2002 11/01/2002 - 11/30/2002 12/01/2002 - 12/31/2002 01/01/2003 - 01/31/2003 02/01/2003 - 02/28/2003 03/01/2003 - 03/31/2003 04/01/2003 - 04/30/2003 05/01/2003 - 05/31/2003 06/01/2003 - 06/30/2003 07/01/2003 - 07/31/2003 08/01/2003 - 08/31/2003 09/01/2003 - 09/30/2003 10/01/2003 - 10/31/2003 11/01/2003 - 11/30/2003 12/01/2003 - 12/31/2003 01/01/2004 - 01/31/2004 02/01/2004 - 02/29/2004 03/01/2004 - 03/31/2004 04/01/2004 - 04/30/2004 05/01/2004 - 05/31/2004 06/01/2004 - 06/30/2004 07/01/2004 - 07/31/2004 08/01/2004 - 08/31/2004 09/01/2004 - 09/30/2004 10/01/2004 - 10/31/2004 11/01/2004 - 11/30/2004 12/01/2004 - 12/31/2004 02/01/2005 - 02/28/2005 03/01/2005 - 03/31/2005 04/01/2005 - 04/30/2005 05/01/2005 - 05/31/2005 06/01/2005 - 06/30/2005 07/01/2005 - 07/31/2005 08/01/2005 - 08/31/2005 09/01/2005 - 09/30/2005 10/01/2005 - 10/31/2005 11/01/2005 - 11/30/2005 12/01/2005 - 12/31/2005 01/01/2006 - 01/31/2006 02/01/2006 - 02/28/2006 03/01/2006 - 03/31/2006 04/01/2006 - 04/30/2006 05/01/2006 - 05/31/2006 06/01/2006 - 06/30/2006 07/01/2006 - 07/31/2006 08/01/2006 - 08/31/2006 09/01/2006 - 09/30/2006 10/01/2006 - 10/31/2006 11/01/2006 - 11/30/2006 |
GET YOUR FREE LIVING WILL
![]() ![]() Buy the newest books!
Contest! Prizes! Help promote my books...
Shelly's PicksNew Pulp Literary Productionsfreedom network |
|
Shelly Waxman & Associates
est. 1975 | |