{"id":128,"date":"2010-07-01T15:33:35","date_gmt":"2010-07-01T19:33:35","guid":{"rendered":"http:\/\/www.cheapiv.com\/?p=128"},"modified":"2010-07-01T15:42:36","modified_gmt":"2010-07-01T19:42:36","slug":"market-is-down-over-9-since-i-showed-you-how-to-hedge","status":"publish","type":"post","link":"http:\/\/www.cheapiv.com\/?p=128","title":{"rendered":"Market is Down over 9% Since I showed YOU How to Hedge"},"content":{"rendered":"

I guess the main question is: Did you hedge?<\/p>\n

I can only help those who want to help themselves.\u00c2\u00a0\u00c2\u00a0 I am glad I can help those people who want help.\u00c2\u00a0 I also wanted to thank everyone for the nice emails regarding the protection video.<\/p>\n

The plain and simple truth, something that I have tried to tell you through this blog, is that the market since March of 2009 has been built on hopes and dreams not a sound economic base.\u00c2\u00a0 We have not improved in anyway: banks are still losing value in their level three assets as the mortgage and housing market collapse.\u00c2\u00a0 In fact it is only getting worse because commercial real estate is collapsing with the retail homes.\u00c2\u00a0 European nations are in very bad shape and trying to save some face with austerity cuts that will not work.\u00c2\u00a0 Our government just keeps adding on programs that take money out of the economy and never brings any jobs to the table.\u00c2\u00a0 July is going to be much worse in terms of jobs and will most likely hit 10.5% unemployment.<\/p>\n

Our deficit just keeps expanding and it seems that reality has inched its way back into the spotlight.\u00c2\u00a0 Media can only hide the truth for so long.\u00c2\u00a0 People are feeling it in their wallets and their bank accounts.\u00c2\u00a0 Consumer confidence is down but more importantly so is your portfolio.<\/p>\n

I hope you took steps to protect yourself when I showed you how back in May when the market as still around 10,700 on the Dow.\u00c2\u00a0 Look at the bigger picture and ask yourself if the market continues to go down where you would want to be out.\u00c2\u00a0 We have ebbed and flowed around 10k for a few months, but these last few days have been pretty ugly.\u00c2\u00a0 We have made new lows compared to our June lows and I’m sure the institutions will try to come in and support the market in here.\u00c2\u00a0 Rallies may more of just a point to sell if we do not find some support in here soon.<\/p>\n

Big picture, no real improvement for the average Joe for the past year and four months.\u00c2\u00a0 Can the market go back to the lows of March 09 around $6,470? Yes they can.\u00c2\u00a0 Do I want to risk giving up $3,000 point on the DJIA vs trying to ride the market back to the major high of just over $11k? To me you have to ask yourself about risk and reward.\u00c2\u00a0 How much do I believe in the market and what I am being told versus what I am risking in my portfolio.\u00c2\u00a0 Long term portfolios should be concerned here.<\/p>\n

You can check out the webinar here!<\/a><\/p>\n

You can download the free excel worksheet from this post!<\/a>\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I guess the main question is: Did you hedge? I can only help those who want to help themselves.\u00c2\u00a0\u00c2\u00a0 I am glad I can help those people who want help.\u00c2\u00a0 I also wanted to thank everyone for the nice emails regarding the protection video. The plain and simple truth, something that I have tried to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[61,45,33,22,29,36,18,17,35,49,54],"class_list":["post-128","post","type-post","status-publish","format-standard","hentry","category-hedging","tag-austerity","tag-consumer-confidence","tag-debt","tag-economy","tag-euro","tag-foreclosures","tag-institutions","tag-market","tag-money-supply","tag-portfolio-protection","tag-unemployment"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=\/wp\/v2\/posts\/128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128"}],"version-history":[{"count":0,"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=\/wp\/v2\/posts\/128\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}