Biderman's Daily Rant 12/1/2011: Global Bailout Won't Stop Europe's Collapse

TrimTabs President & CEO Charles Biderman discusses how the global bailout will brighten the current mood of the market, but still won't be enough to prevent the slow motion collapse of Europe.

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[tomroland59]

Mr Biderman,

Where best to go to be prepared? Do I short the market in early 2012? If so, will the the money be there when I buy to cover?? Do I buy Gold or just fill my matress with cash. Is there a currency somewhere in the world that you think would be safe to own???

thanks,

troland

[TrimTabs]

@tomroland59

I have 25% of my personal portfolio in gold, 25% in various maturity TIPS, 25% short big banks, Europe, etc and 25% longs, including TrimTabs Float Shrink ETF.

[seen]

@TrimTabs Sounds like a great insurance plan to me.

[qpae123]

Noooo, not the germans :(( well is better then the french...but still annoying with the details ...

[optionsupdate]

Thanks Mr Biderman your daily rant is much appreciated

[rockerme4u]

Goldman Sachs, Hedge Funds and HFTs have taken over the casino.

One can not invest. Earnings and Valuations no longer matter.

The Owners of the Casino use money flows and work positions against them until the suckers give in an sell or cover.

Hence, the term "Hedge" Fund. Your position, right or wrong has been manipulated.

[dink65]

The "market" is totally and utterly meaningless anymore and should be ignored.

In short, the whole thing is a FARCE!