Mikey, The Market Shadow, is moving into history

I decided to write this blog in 2008 because I felt there was a need for the financial story to be told by a writer that had nothing to gain from the publishing of the story.  I only wanted to tell the story truthfully and show the view of the market that I had seen for the previous 34 years.  It was hard for me to watch the lies I saw every day in the press and keep my mouth shut.  I knew that "their" story would always win out but I wanted to at least give the public my version of the truth.

I have been true to my message for the past 5 years and at this point feel that I have given as much as I can.  This blog takes 2.5 hours to put together every day and my readership only amounts to about 20 on a good day.  I am not complaining because I love doing it but the time has come to just spend the time trading my own account. 

I end this blog with the market in the most extended and precarious position I have seen since the Summer of 2008.  It is my belief that the world markets are on the verge of collapse and the US market has substantial  risk.  I am a trader and have no problem selling any position at any time.  I have along time ago checked my ego when I trade.  I have very few opinions on anything but trade with the trends.  That being said, I am highly opinionated about what is going on today.  If you are not a trader then I would advise taking most of your money off the table now.  The risk/reward is lousy.

I wish to thank those of you that read me on a regular basis and wish nothing but the best for all of you.

Thanks and good luck,

Mikey