Anyone thinking about shorting the markets soon?

Today....

Doom for the $.
Doom for the Econ.
Doom for the Market.

but I'm keeping my Speedos on night and day so I'm ready for that huge dive that's coming.

According to the Bilderberg premeeting memo (which could be a distraction, who knows) The plan is to run up and then dump.

My take is that this may have been the run up. Difficult to tell.

Either way, what has changed since March? only market sentiment, which is significant, but may not last.

I hope that the market is run up huge, but suspect there is not much left to run up.

Couple factors could cause a dump.

1) establish that banks are safe to employment at 10% Then have everyone freak out that employment is at 14% or something. People run on banks.

2) Take oil upto $150 and stall consumption again. Dump the dollar down to last years levels and watch commercial real estate implode with lack of customers at retail

3) War with iran, pandemic, etc

I think all 3 are a possibility.

This is not advice, but something to consider

FAZ, SKF 3x and 2X short bank ETFs
UCO, DXO 2x oil LONG ETFs
GLD or physical Gold for dollar loss in value
RIMM, and other high fling wizbang technology shorts

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My liberty-minded home base of thought:

www.ponderthis.net

IT can last till 2012...There is more work to be done...
you-no

The recent rally has been nothing but nothing but wholesale "painting of the tape", painting the tape is the practice of two or more market participants trading equities back and forth to create an illusory up trend. While the painting is going on the participants are simultaneously selling the underlying equity to less sophisticated investors/suckers.

Most of the recent rally has not been genuine investors but volume from proprietary trading desks at Goldman Sachs, Morgan Stanley and other trading houses. The Chief of The NYSE came out and said as much here:

Wall Street's stunning six-week rally has been fed more by traders looking to take advantage of quick swings in the market than investors with a long-term view, NYSE Euronext CEO Duncan Niederauer told CNBC.

Because of that, the rally likely is to run out of steam as low volume eventually comes back to the bite the market, he said.

"It feels to me we're in a trader's market and not an investor's market," Niederauer said in a live interview from the exchange floor.

and:

CEO Duncan Niederauer, speaking at a conference in New York on Monday, also said the stock market's performance in March and April shows confidence has not been adequately restored and conditions remain better for traders than for investors.

The big trading desks in alliance with gov't and state run media (CNBC/GE) are engaged in wholesale pumping of equities, Obama wants good numbers and all manner of regulation is being suppressed. The pump can last for who knows how long but rest assured the dump will be very ugly, try not to be one who gets dumped on.

Socialists are Everywhere

Details of the economic agenda were contained in a pre-meeting booklet being handed out to Bilderberg members. On a more specific note, Estulin warns that Bilderberg are fostering a false picture of economic recovery, suckering investors into ploughing their money back into the stock market again only to later unleash another massive downturn which will create “massive losses and searing financial pain in the months ahead,” according to a Canada Free Press report

Our good friends at ElliottWave.com have had a tough time predicting when the reversal will take place, because the market's correction is following a fairly unusual pattern. Best to sit on the sidelines (say, in a U.S. treasuries fund) and wait until the early reversal shows a clear impulse pattern.

When it comes, it should be a pretty dramatic dive.