Thank You Listeners! Markets Look Sick! Beware! Update October 28, 2009

Marc's Notes:

Thank you for your generous support on the last membership drive last Thursday and last Monday. The show brought in over $16,000.00, and the station raised over 80,000.00 in total so far. Great job all you KVMR supporters and you have my and the stations heart felt gratitude!

Consults will be contacted shortly for scheduling. Memberships to the website will also be notified how to access MONEYMANAGEMENTRADIO.COM shortly.

I mentioned on this Mondays show a foreign currency CD I bought, I also read my Dream Portfolio and my personal holdings on the air on Mondays show. Transcripts are not available but because we got so many requests for my personal holdings and the Dream Portfolio and the Foreign Currency CD I mentioned and bought myself, we are making it available on 2 cd’s for you to review. You must request by EMAIL and there is a fee for this show only due to its content.

Premiums like Cd’s and coins will also be sent out shortly. Give us a few weeks to handle please.  Now that the money business is taken care of for now, let’s get down to business.

The markets continue down hard again and my ORANGE alert is turning a shade REDDER. The markets now are looking more dangerous as 10,000 DOW did not hold and is now slipping to the high 9,000’s and eroding. Many things are pointing to why.
Home sales are slipping now that the house credit is over. They WILL extend it as I said they would once they saw the market slipping and house sales falling and now it is beginning to fall like I predicted. They don’t understand that the only thing propping up these markets like stocks, houses, goods and the like is government spending. Once they stop spending, the markets fall again. I keep saying the government hasn’t figured out (amazingly) that THEY are the only ones spending. They are now locked into the age old trap of paper currencies. Once the debt from easy credit booms start to collapse, you either let them or get caught in having to continually spend more and more to prop up markets. Once the government stops the spending, the markets resume their normal course downward.
Like I said to my financial advisor friend who bet me last Feb.
IT WONT BE ENOUGH.
And it wont be. If the markets continue to erode, better hedge even more and take some profits OFF the table. I am sorry you must trade now in and out. Buy and hold never worked and it will really not work now. Hold a basket of mutual funds now and you have a good chance of losing some, most or almost everything you have in the stock market if what I think is coming comes. Those not wishing to trade should follow the DREAM PORTFOLIO or meet with me to lay out a plan or get slaughtered. At least listen to the shows!  I cannot warn you enough. For your edification, I am taking money OFF the table by selling profitable positions now. I have removed more then 15 % of my stocks and positions in the last week alone.

Another bailout (the 3rd) is now needed for GM, another bailout for AIG is in the works, another bailout for Fannie, Freddie and FHA is in the works. IT WONT BE ENOUGH!

Deflation is setting in again. Deflation is natures way of saying you have too much debt. She is trying to make us pay it off or write it off. Falling asset prices are the symptom. These will only be offset by more government spending, providing a temporary boost, and then falling again when the spending is gone. A vicious cycle, requiring more and more spending to keep it going, and that is EXACTLY what we are seeing now. MORE new programs with now extended unemployment being discussed, another housing credit, an appliance credit, healthcare, another GM bailout, more bank bailouts and more handouts.

Holdings:
I am waiting now on Natural Gas to add more. If deflation is setting in, then I will keep funds aside for GAZ to hit 11 or so and UNG to hit 9 or so. I had sold a portion a month back per this update advised, and now have been adding again on the way down, but will NOT ADD anymore until this recent market downturn stabilizes. As I say, if the markets fall, EVERYTHING will fall with it except US dollars; hence the US DOLLAR rally I said was coming is now probably here. The US dollar rally is because investors are becoming scared again and when they become scared the sell stocks and start buying US dollars and that is apparently what is now happening again. Fall is the time for market FALLS so beware.
Same with Gold and silver STOCKS.
Physical gold and silver should be added anytime and always.

Dividend Payers- lightly if at all. HOLD what you have but consider taking profits on some if you have any.

Contrary Funds- ADD as has been suggested over the last 3 months. I have.

Foreign Currency Funds- Add, hold. You have nice gains here, but a dollar rally will take some back now. Hold for the eventual dollar death dance.

Swiss Annuities: Add, the window is probably closing.

US Dollar holdings: HOLD but HEDGE with the foreign currency CD I mentioned on this Mondays show. I also read my Dream Portfolio and my personal holdings on the air on Mondays show. Transcripts are not available but because we got so many requests for my personal holdings and the Dream Portfolio and the Foreign Currency CD I mentioned and bought myself, we are making it available on 2 cd’s for you to review. You must request by EMAIL and there is a fee for this show only due to its content.

Upcoming Show:
November 5th   Noon  PST  KVMR   “Foreign Currencies”

All for now, watch your 6:00 o’clock here, the markets are turning dangerous!

Marc