[Money-matters] Money Update 10 03 2008 AM UPDATE

[Marc Cuniberti/Bay Area Process/KVMR FM/KFOK FM Radios]

_/*Marc's Notes:  (OPINION)*/_
Market Rally on passing of bill did not materialize.
There now may or may not be one when Bush signs it.
Whatever happens, the continued slide in the market despite this bill 
passing is not good news. This means the perception of its success is 
waning.
If, when BUSH signs it, and the market continues its slide, take the 
steps indicated in last nights email.
Add the contrary funds now however.
A major crash could be in the making. Remember, we told you this is the 
season for major crashes and it looks like it is gearing up for that now.
Make sure you are hedged and mostly in CD or T bills or T bill funds.
Our T bill funds are UP a tad today so far.
Your CDS are safe.
The US dollar is rallying on it perceived safety. ( Aint that a joke)  
but it is real for now.
Gold/ Oil/ Commodities are slammed, reflecting a mass liquidation by 
hedge funds and the expectation of a slowing world economy.
Use the opportunity to continue to add physical metal for safety. Do not 
add any stocks except contrary or short positions at this time.
Its all about safety now.
The FEDS may LOWER interest rates any day in an emergency move. ( 
another ANNOUNCEMENT). They are quickly running out of ammo though. They 
also see the same market I do and I guarantee they are freaking out.

_/*UPCOMING SHOW:*/_
Hour call in show MONEY MATTERS OCT 9th   Noon
Market update and I take calls all hour.
Thursday at noon.
Another show the week after 10/16

I will keep you in touch on what is happening.
MARC





-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://mailman.jtan.com/pipermail/money-matters-l/attachments/20081002/6125e53c/attachment.htm