I just have some articles and links I would like to share with you. I put them all together so you do not have to search the Internet for the information. You can make an informed decision as to whether or not to be in the Stock Market right now.

Impending Crash?

You have to wonder when you see statistics like this (through 9:30 this morning):

Remove SPY, ETFC and LEHMQ (none of which trade on the NYSE) from the list and you get 606 million shares.

How many shares have traded in total with one hour in?

1.491 billion.

Forty percent of the volume is comprised of four used dogfood stocks, just as we've seen for the last couple of weeks - all people passing shares back and forth among each other, many of it being "computer HFT games."

The other used dog-food stocks (LEHMQ and ETFC) are really no better; they just don't trade on the NYSE. Lehman is particularly ridiculous as that's a formally-bankrupt company!

Fannie and Freddie are two of the most outrageous abuses I've seen in a long time, second only to AIG. All three of these should be delisted as their equity value is quite literally bupkis.

This just goes to illustrate - the market is currently being levitated on literal trash. Again today we see the Casino trying to suck in people; I got emails from two more associates over the weekend telling me that their "advisors" are telling them "you have too much cash allocated; now is the time to buy."

Now is the time to buy, after a 50% move?! Where the hell were these so-called "advisors" at SPX 666!

Nobody - and I do mean nobody - is talking about what this sort of volume pattern means. Well, I will: this is the sort of pattern that precedes an all-on equity market collapse. It strongly implies that the only volume support that the market has is from "hot money" speculators. Lest you think this is sustainable let me point out that just a few weeks ago the very same so-called "commentators" said the same thing about China's market. Here's what happened:

The white box down below is the target on the break downward out of that flag last night - the top of the box is the critical "must hold" level from the first retrace off the bottom and the bottom of the box being the the start of the entire move. If they're lucky the market holds around the 250-275 level, but I wouldn't bet on it.

That's nasty - The Shanghai market has already lost roughly 25% from its recent peak, and it took just three weeks to lose what required roughly three months to put on.

How do you like those odds folks? Pay close attention to the lessons from the East, least you get to learn them the hard way right here.

A 25% loss from the recent highs on the SPX places the S&P 500 around 775.

I smell a repeat of 2001/2002, when the very same "analysts" said the bear market was over and everyone jumped back into the pool going into the end of 2001, only to get destroyed in the collapse that followed and took out the 2001 low.

Heh, I might be wrong on this, but those who "believed" in the Shanghai market are missing 1/4 of their money - so far.

AND THIS

European shares fell Monday after Chinese stocks plunged nearly 7 percent and Japanese shares weakened after that nation's opposition party came to power in a landslide victory.

It appears the big boys know whats up!

TrimTabs Investment Research reported that selling by corporate insiders in August has surged to $6.1 billion, the highest amount since May 2008. The ratio of insider selling to insider buying hit 30.6, the highest level since TrimTabs began tracking the data in 2004.

"The best-informed market participants are sending a clear signal that the party on Wall Street is going to end soon," said Charles Biderman, CEO of TrimTabs.

Market Watch

Investors bracing for Sept. correction: strategist

After a powerful rally in stocks from the March lows, "investors are wondering if September will live up to its reputation as the month in which the S&P 500(SPX 1,016, -12.56, -1.22%) posts its worst price performance and frequency of decline," said Sam Stovall, chief investment strategist at Standard & Poor's Equity Research, on Monday. He said investors "may have a reason to fear a setback in September" considering the month's dismal historical performance.

The party's over

Our Quarter-Century Penance Is Just Starting

Never in modern times has there been such a flat contradiction between the euphoria of markets and the stern warnings of officialdom at central banks and financial watchdogs.

"It has certainly alarmed US retail tycoon Howard Davidowitz. “As a country we are out of control, we’re in a death spiral,” he said."

"In the Tank Forever": U.S. Consumers, Retailers in a "Death Spiral," Davidowitz Says

And

Brace for October Stock Crash: Investor

Raft of Deals for Failed Banks Puts U.S. on Hook for Billions

.

According to a recent article on Reuters, on Saturday Lou Jiwei, the chairman of the CIC, China’s sovereign wealth fund, said at a conference on Saturday in response to a question about his expected performance: “It will not be too bad this year. Both China and America are addressing bubbles by creating more bubbles and we’re just taking advantage of that. So we can’t lose.”

Well YOU can lose! That admission that our governments are creating "Bubble's" should be a signal to END THE FED!

You don't even have to be a cynic like me to understand that it is not a good idea to be buying at the same time your broker is selling.

http://www.cnbc.com/id/15840232?play=1&video=1173993659&play=1

http://wallstreetpit.com/9938-banks-not-looking-that-healthy-at-all

http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/

www/story/08-28-2009/0005084471&EDATE=

http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/08/31/financial/f020608D08.DTL#ixzz0PmXorlDs

http://market-ticker.denninger.net/archives/1390-Impending-Crash.html

http://finance.yahoo.com/tech-ticker/article/312114/In-the-Tank-Forever:-U.S.-Consumers,-Retailers-in-a-"Death-Spiral,"-Davidowitz-Says

http://globaleconomicanalysis.blogspot.com/2009/08/as-of-friday-august-14-2009-fdic-is.html

http://market-ticker.denninger.net/archives/1389-The-Intentionally-Misleading-Mainstream-Media.html

http://online.wsj.com/article/SB125166830374670517.html