We are the home of the LEADING investment forecaster in the world. This claim is backed by a $100,000 guarantee. Have you ever heard of anyone back their claim with $100,000? So, who is the leading expert on the economic collapse? MIKE STATHIS, Author of America's Financial Apocalypse (2006) and Cashing in on the Real Estate Bubble (2007). as well as the Wall Street Investment Bible (2008). Those who followed the advice in these books made a fortune. We are #1 in Market Forecasting Mike advised investors to get out of the market before the collapse. In fact, he predicted the Dow would collapse to 6500 in his 2006 book. On March 9, 2009 Stathis recommended buying into the stock market. That would end up being the EXACT bottom. NO ONE else in the world made that call. Since March 2009, Stathis has kept his research clients in the US stock market. Mike has also nailed every market sell off since the financial crisis. Mike Stathis and AVA Investment Analytics... #1 in Distressed Securities Analysis #1 in Currency & Commodities Forecasting, #1 in Macroeconomic Analysis, #1 in Precious Metals Forecasting Yet, Stathis continues to be banned by the media...Why? Because the media intentionally airs jug heads and charlatans since they have been bought off by Wall Street. The "experts" in the media have terrible track records. By airing clowns and extremists, Main Street will be misguided. This will make it much easier for Wall Street to take your money. So if you pay attention to the media, you are going to get screwed. FACT: if you do not have our research, you are behind the curve.
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Widening My Distance From BP
Saturday, June 26, 2010, by Stathis

Two weeks ago, I made a brief post stating that I pulled out of BP and was going to stay clear (at least on the long side) because I had some pretty good indicators that told me shares were headed for a new low, below the $29 dollar mark.

On Friday shares fell just below $27. 

Other than a possible short-term bounce (which I would not try to play if I were you), I expect shares to continue further. 

In short, even if you are an optimist, I don't see shares moving up (at least trendwise) anytime soon. I can tell you that based on developments over the past 3 weeks I have some serious concerns which have clouded any amount of certainty I had previously.

At this stage, there is a good chance BP will carve up a good portion of its business and sell it off, not so much due to financial pressure, but political. I would not expect this to happen anytime soon, but I would say there is a better than 50:50 chance this could happen over the next 2-3 years.

I think (my guess) BP is in informal discussions with some Wall Street firms to assess these possibilities. This suspicion is not based on rumor nor is it based on fact.

Furthermore, in contrast to my previous expectations, I am convinced that any potential market sell-off would take BP shares down with it because the uncertainty is so high on the street that funds are not likely to see any price as undervalued at this point. When uncertainty is very high, it is almost impossible to detemine valuations.

As a result, I cannot see myself taking interest in a long position anytime soon. In fact, I do not know if there is any price I would buy shares right now due to the high level of uncertainty.

The shorts continue to look much better. 

Remember, previously I was fairly optimistic on BP, and I laid out a fairly reasonable entry point based on my level of certainty at that time.

Things are much different now.  You are best to stay clear and let developments play out, unless you have a better gauge of certainty than me, which might be the case because mine is now very low. There are too many complicating factors at play right now.

Keep in mind I do not watch TV, so I am not exposed to the drama that I would imagine consumes some channels.  My analysis is based on other factors. 



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