Holy smoke: S&P 676?! If this is right, things could turn ugly FAST

[Thierry Martin]

What a week last week...

The S&P up 55.2 points in four days...and the Dow up 443.2… talk about upward surges!

To unsuspecting eyes, it may look like the party is finally about to start, but Greg Roy reveals why it's nothing more than one last swipe of lipstick on the pig before it goes to slaughter.

Watch Greg Roy's eye-opening new webinar now.

Click HERE (http://wealthinsideralliance.com/crash-trader/webinar/?aff_id=665)

5682 (http://wealthinsideralliance.com/crash-trader/webinar/?aff_id=665)

In fact, at this week's open, things had already turned down again, but that's not even a tiny taste of what's to come.

If you think S&P 676 in March of 2008 was bad, then hold onto your hat. This time around, it could be a mere milestone instead of a bottom!

Pension fund woes... the IMF stocking its bomb shelter... half a dozen Hindenburg omens... Elliot Wave alarm bells going wild... GDP revisions toward the red… It all barely scratches the surface of what's already unfolding behind the scenes – and what's still to come.

In his startling new webinar, Greg reveals:

• Why the recent run-ups are looking less and less like the start of a turnaround, and more and more like a last, desperate hoorah before the next financial maelstrom strikes

• The frightening move he sees happening between now and October 8

• How, the last time a similar setup occurred, it allowed one trader to turn $1,500 into $2.4 MILLION in just 2 ½ weeks

• The best way to play it for maximum profit this time around

• Plus much, much more!

I urge you to watch it now. Your financial survival in the coming months could very well depend on it.

Watch Greg Roy's eye-opening new webinar now.

Click HERE (http://wealthinsideralliance.com/crash-trader/webinar/?aff_id=665)

Best wishes,

Thierry Martin
OnlineTradersForum.com

[Zumwalt]

That thing is an hour and a half long!

[Novice_trader]

Why would Wall Street do this between now and October whatever he mentions? Wouldn't they want it to rally into the November elections?

[Thierry Martin]

Why would Wall Street do this between now and October whatever he mentions? Wouldn't they want it to rally into the November elections?

Do you really think the Republicans are going to solve the problems they created in the first place?

[Novice_trader]

Do you really think the Republicans are going to solve the problems they created in the first place?

Don't know how to answer a loaded question like that. ^pass^ 8)

[Thierry Martin]

Don't know how to answer a loaded question like that. ^pass^ 8)

Not that the Democrats are much better.

[Thierry Martin]

Here is another report sent today from Greg Roy:
__________________

United States On The Path To Bankruptcy

Yesterday I talked about financial insanity, and that spending far more than you take in will not result in prosperity, but bankruptcy.

It doesn't matter how many times you attempt to spend your way to prosperity, the results are always the same.

An individual cannot spend his way to prosperity, nor can a family, nor can a city, nor can a state, nor can the country as a whole.

Spending way more than you take in month after month, year after year, only leads to one thing: eventual bankruptcy.

Do you really believe that the government can spend the country back to the days of prosperity? I don't.

Question: Where does the government get its money?

Answer: From the people.

So when the government takes money from the people in order to spend that money on "stimulus" programs, that same amount of money is no longer available to the people for their own spending.

Of course, the government can claim that the source of their "stimulus" money is not taxation from the people, but is instead borrowing from investors.

Uh-huh. And who repays the money that the government borrows?

Answer: The people.

The money that government spends in order to "stimulate" the economy always ultimately comes from the people.

So how can the government take money from the people, spend it, and then claim that it boosts the economy, when now the people have that much less themselves to spend in the economy?

Answer: There is no boost to the economy, any more than taking money out of your Bank of America savings account and depositing it into your Chase savings account will boost your net worth.

Let me make it clear, there is no net gain in the economy by government taking money from the public and spending it, because now the public has that much less to spend.

The only gain is to the politicians and their crony "capitalist" friends who receive the lion's share of the new government spending.

But There is NO Overall Gain to The Economy.

Yes, our leaders bought some time and temporarily slowed the rate of economic deterioration with their gluttonous "stimulus" spending. They didn't solve any problems (other than the problem that Wall Street's billion dollar bonuses took a dip - but that problem has been solved and Wall Street bonuses are again back at bubble levels, and now you as a taxpayer are further in debt to pay for it.)

But the process of the government buying us time simply put us all deeper into debt.

And now we are in a very, very precarious state. Everything economic is starting to dip again. We've got no Plan B to fall back on. Plan A is to simply spend like crazy. But Plan A has failed, and it will fail again.

Remember Einstein's definition of insanity?

Economic Disaster Awaits!

This is real, folks. Another MAJOR downturn is barreling down on us.

If you do nothing, you’ll watch your retirement accounts get destroyed … again.

If you do nothing, you’ll watch your investments shrink to next to nothing … again.

If you do nothing, you’ll see your “safe” “rock-solid” investments … “Sure-thing” trading strategies …and decades of your life-savings – get WIPED OUT … again.

I urge you to take 5 minutes and seriously consider what I have to say in this urgent report – click here to read it now… (http://wealthinsideralliance.com/crash-trader/protect-yourself/index2.php?aff_id=665)

5686 (http://wealthinsideralliance.com/crash-trader/protect-yourself/index2.php?aff_id=665)