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camarodan64 (98.64)




March 28, 2009 – Comments (2) | RELATED TICKERS: DDM

Ever hear of the new laws passed by the SEC concerning accounting and "mark to MArket"

a lot of the loses by the big banks in the last 1.5 years can be blamed on the "Old mark to market rule"

forcing banks to devalue their assets to 0 writing off trillions in asset values,The new "MARK TO MARKET" law just passed, now the  big banks will have to write up those asset values, which of course will be a big surprise to everyone, when the said BANKS annouce earnings from write ups in the future.

 watch my video on youtube

its called 


this video was published on FEB 25 2009

everybody thought the dow was going to 3500


watch the video you will be impressed

2 Comments – Post Your Own

#1) On March 28, 2009 at 3:42 PM, VIS46 (24.73) wrote:

Good post.So you predict the Dow now will go to 9150  and crash later.Thanks for your insight.How about S&P.I bought  SPY at 80.Any prediction on that.

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#2) On April 01, 2009 at 1:49 PM, camarodan64 (98.64) wrote:

Read all the comments for that video "DOW JONES 30 HISTORIC QUINTILE(x5) LONG TERM TREND BOTTOM"as first coined buy camaroda64 on Feb 21 2009

You will see that I recommended  going all in the DOW 30 3 weeks ago

"The dow 30 closed today up $149 on a modest rally , The SKF also gained but closed off the highs today an anomaly on wallstreet. It is obvious more bank failures will happen here, adding investment demand pressure to gold and firm demand from Bank Of China. If the "mark to markrt rule is suspened then assets wvalues will rise quickly, not sure when this law will take effect give the USA goverment time"camarodan64 March 3 2009

"  SKF is now up to $237 with the dow selling off 225 points at 6665" still looking for a bottom at that point

"The vix index is now is spiking around 50 indicating a buying opp. is present... The weak rally yesterday foretold todays sell off and it shows how much idiot reporters are spooking investors creating these sell offs, the vix may indeed spike above 50 soon"camarodan64 March 4 2009

"dow down today and the SKF is up again"camarodan64 March 5 2009

"short opp in skf and buy opp dow ddm ultraproshares"camarodan64 March 6 2009

"SKF DOWN BIG NEAR OPEN 9.35 AM"camardan64 March 9 2009

"strong rally in DOW 30 under way at 9:53 am up 187points" also on March 9 2009 by camarodan64

You will see i recommended short SKF at $270 a share 3 weeks ago, and the SKF recently traded around $90 for 3--4 days straight just read all the comments, let me know "

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