Vince Stanzione - Protect Your Assets Before the Next Downturn Multi-millionaire trader, Vince Stanzione, predicts more doom before the next boom. Thisveteran trader is warning stock market investors that the worst is yet to come and now is the timeto start getting out of higher risk stocks and taking less risk. Vince Stanzione warns investors notto get carried away by recent gains and reveals his secrets to cashing in and protecting yourassets from market falls.Multi-millionaire trader, Vince Stanzione, predicts more doom before the next boom. This veteran trader is warning stock market investors that the worst is yet to come and now is the time to start getting out of higher risk stocks and taking less risk. His proprietary trading model calls for a fall of at least 20% in the S&P 500 within the coming weeks with a knock on effect on Global markets and commodities, he is looking for a sharp up move in the US Dollar and Treasury Bonds a view which is not shared by most fi nancial experts. His model also calls for an out and out CRASH in Chinese stocks by the end of 2009 and has sold all of his emerging market exposure. "Recent moves up in the stock market are nothing more than manufactured short term gains, with much of thesummer trading volume coming from zombie penny stocks such as Fannie Mae (FNM), Freddie Mac (FRE),CIT Group (CIT) and Sirius XM Radio (SIRI) being flipped like coins " he continues, " These are not the type ofcompanies that lead a new bull market and these are certainly not being bought by long term investors."Vince is currently bearish on commodities especially crude oil, copper and aluminum. "The numbers coming outof China don't add up and GDP is being well overstated, without a strong US and Europe, China has no-one tosell to, its domestic market is far slower than reported." " The recent stockpiling of commodities such as coppershould not be confused as new demand as most of it is sitting in warehouses and pig farms."He also predicts a trend of US companies pulling manufacturing out of China and bringing it back to the USA and Europe, "Many will think I am crazy but it's cheaper to manufacture in the USA than China at present and with a lot less red tape, better educated workforce and far better quality end product." Don't just buy the Bull Vince Stanzione wants to teach smaller investors the same strategies that professionals use to make money from down or sideways markets. "If my trading model is correct we are going to have a series of sharp up and down moves, however, overallmarkets will be lower to flat. The Buy and Hold model is dead. You would have been better off holding Treasurybonds than investing in Berkshire Hathaway (BRK.B) over the last decade as Warren Buffett struggles to evenmatch the S&P500." Vince Stanzione is currently short Berkshire Hathaway as he bets that Buffett shareholderswill not make money for at least the next 5 years.To find out more and download your free co py of Top Ten Tips from a Trading Veteran go to
Vince Stanzione is a self-made multi-millionaire based in Europe. His path to success began at the age of 16while working at Nat West Foreign Exchange in London. He quickly worked his way up and then started his owncompany. He has been involved in various companies including: mobile communications, premium ratetelephony, interactive gaming, publishing and television and financial trading. He currently lives most of the yearbetween Spain and Monaco and trades his own funds, mainly in currencies and commodities.In addition to trading, he also teaches a small number of students and produced the best-selling course onFinancial Spread Betting. Vince Stanzione is also the author of "How to Stop Existing & Start Living". He is theSpread Betting Expert for Growth Company Investor and writes a monthly column for The City Magazine,Canary Wharf and Vicinitee Magazine.
iAutoblog the premier autoblogger software
