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BBC Jaws Drop as DayTrader Tells Truth

Daytrader Alessio Rastani had jaws dropping, live on BBC TV, when he boldly stated ” the Euro’s going to crash and it’s going to fall pretty hard because markets right now are ruled by fear. The hedge funds, the smart money, they don’t buy this rescue plan.

They know the market’s finished. The stock markets toast. Our job is to make money from it. Personally, I’ve been dreaming of this only for 3 years. I have a confession. I go to bed every night & I dream of another recession.”

Alessio Rastani went on to say ” It’s an opportunity. When the Euro and the big stock markets crash, if you know what to do – if you have the right plan set up, you can make a lot of money from this. For example, hedging strategies is one.

What i want to say to everyone is GET PREPARED!  Learn how to make money from a downward market. Protect your assets. Be prepared and act now. The biggest risk  people can take is not acting.

” Governments don’t rule the world – Goldman Sachs rules the world!” – daytrader Alessio Rastani

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May 6 2010 Stock Market Flash Crash DJIA Down 998 Points Intraday

Flash Crash 2:45 PM EST on may 6, 2010 sent the DJIA down over 998 points intraday. It was the wildest fifteen minutes ever in the history of the US stock markets.

The major stock market indexes dropped by over 9% (7% declining in 15 minutes time) due to high frequency trading.

At one point $1 trillion USD [$1,000,000,000,000] in market value disappeared.

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Dow Jones Stock Market in Free Fall to 7997

 The Financial Crisis has Wiped Out $6.7 TRILLION already since the S&P 500 High of Oct 2007. The Feeling is Much More is yet to come especially after Wednesdays announcement of NO BAILOUT for GM & Ford.

The Selling was so Intense on the NYSE that there were 2943 DECLINERS while only 158 companies traded positively. At the Closing Bell the Damage was DJIA Down 427 points to Free Fall Below the 8000 Barrier Finishing at 7997.28 on the Day.

Banks and Financials are still struggling. CITIGROUP is Laying Off more than 52,000 and the stock [C] has fallen sharply to a formerly unthinkable $6.48 a share. No Companys share price is Safe in this Financial Holocaust. How the Mighty Have Fallen.

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Dow Down 766 Points GM near BK per Jim Cramer

Recession news had the Dow dropping another 766 points, the second-largest point loss ever. This wiped out almost all of Mondays Sucker Rally of 936 points, the greatest one-day rise ever.

Mad Money Jim Cramer has stated that GM is almost certain to file for bankruptcy.

The credit crunch is destroying wealth and making it difficult for middle class customers to buy.

Ben Bernanke says more difficulties lie ahead for the US economy.

The Beige Book by the Federal Reserve reported a shaky economy and RECESSION, with retail sales plunging in September by 1.2 %, double the 0.7 percent drop analysts expected.

DJIA took another Beating Today. Buckle up. It’s going to be a bumpy ride in these very uncertain times.

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