Direxion Daily Financial Bear 3X Shares (FAZ)

[XBladeRob]

Dollar against yen/swiss franc certainly saying something.

It bothers me to see the reuters blogs, etc, advocating "A boost to markets monday" because of buffet's comments.

When REUTERS is trying to causally link positive market performance to the comments of (IMO) someone ignorant to this absolute MESS, I really am bothered by it.

This has become a constant BTFD, and "The rally" is now a new normal in terms of people's expectations.

Meanwhile AIG / Fannie Mae / Freddie Mac continue bleeding themselves out on to the Fed's balance sheets, M2 has hit new record highs, and the escalating currency risks of CREATING A COMPLETELY ARTIFICIAL MARKET are beginning to pose a real threat.

Plunge protection kept the markets up Thurs/Fri, but looking at the Advancing/Declining chart off the NY indexes, it really takes a blind man to not see what's coming.