Bad News for the Leveraged Casino Business ~ The Risk Averse Alert

Thursday, December 15, 2011

Bad News for the Leveraged Casino Business


Still absent technical evidence detracting from the present prospect that, the market could sink like a stone going into the New Year and at the start of January, Friday's trade nevertheless seems likely to see another day consolidating, much like today. This is not to suggest major indexes might not close on their lows for the week. Rather that a 5% drubbing does not appear in the cards tomorrow. Maybe next week.

Hey, have you heard that, in some circles within the Republican party there is a loud cry calling for bankruptcy reorganization of Fannie Mae and Freddie Mac? Check it out...




So much for last week's EU appeasement protecting holders of EMU sovereign debt from any future haircuts. Apparently some in the United States finally are coming to their senses, taking their appeal for sanity before a national audience. This is very bad news for the leveraged casino business. God help us these coming weeks and months.


Fast Money
* * * * *

© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!