Global Capital Reserves: Stocks Freefall on 98% Down Day

Wednesday, January 14, 2009

Stocks Freefall on 98% Down Day

Sellers today outnumber buyers today by nearly 50 to 1 volume. This is not a good day to be long stocks, because if you are, I'm taking money away from you. At the time of this writing, the Dow is down 300 points.

S Benard at 8:38 AM

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S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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