My 1st Million At 33 – yes, you can do it too

Looks like my recent calls on markets have been pretty right on.

Back on May 21st, I’ve got out most of my general stock market bets, warning the readers here to get out. My posts are usually out before the market opens, and I, of course, got out on May 20th, with SPY at 141.89.

Back on March 25th, I’ve turned short-term bullish, calling to pick up some stocks if you will. SPY closed at 134.72 on March 24th, and 134.85 on March 25th.

Yesterday SPY was at 136.62.

Did you get the short-term play in the market?

Unfortunately, my short-term forecast for this market doesn’t look too good. This wave down is probably going to be terrible. I’m forecasting that markets will probably AT LEAST match the March low, if not lower.

Yak! Yak! Yeah, too bad indeed.

With the oil prices continue to stay strong, I’m in fact quite worried whether I will be left without much energy stocks going forward. This reminds me a few years back, when I pretty much sold out my energy stocks, and then Katrina hits in the same week, pushing all energy stocks to go far and beyond, leaving me in dust.

In any case, I’ve placed my bets. I’m going to wait patiently for markets to come to me.

Be careful out there. Don’t get your fingers chopped by a falling knife.