Monday, April 12, 2010

I am no financial advisor, but I am a financial genius.

I am not a financial advisor. Further, I am not certified, qualified, ratified or even dignified enough to provide financial advice.

However, I am a financial genius.

I predicted the rise in the stock market and if you bet with me then you are up 10-20% or more with Sprint, Citibank and Apple. I agree. Sprint and Citibank are two of the oldest, worst managed companies in the world. Monopoly is one of the oldest games around too and it still sells a million copies a year, every year. The economy is not better, unemployment is at 10% or more, interest rates will go up more and maybe make the housing situation even worse. Despite this situation, the market goes up anyway because every day the pension funds of the world have to put their new money somewhere and right now it is going into the market-equities if you will. CDs are not interesting.

More specifically companies like Sprint and Citibank go up because they are a place to put large amounts of money with enough trading volume to allow a big trader to get out as easy as they can get in. C for example trades 700 million shares a day - a value of $3 billion. Now that is real money. I mean look - if you have $100 million, what are you going to buy where your trade alone will not push the price up or down in and of itself. Sprint has been beaten down so low that a reasonable earnings report will send the stock to $5 by the end of April.

Lest I digress, my genius is related to my discovery of a new leading indicator. Leading indicators as you may know are events that happen that predict the direction of the market. I have found one that is indisputably accurate. I have known about it for years, but I was unable to devise a method to capitalize on it. I have found one now. But first you may wish to know what the indicator is. For years, I have noticed that whenever I sell a stock it always goes up. When I buy a stock, it always goes down. With this fact in mind, how do I profit from this tidbit of economic information?

Let's take Sprint. I purchased 10,000 shares of Sprint. It immediately went down. But I fooled it. I immediately sold 3,000 shares and then the stock skyrocketed from $3.60 to over $4. It is a fool proof scheme that seems to be working. To make sure the stock keeps going up, I sacrifice my position a few hundred shares at a time so your holdings will increase in value. I will let you know if I buy some more Sprint so you can sell all yours.

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