Is Obama Causing Ukraine's Meltdown? Plus, Market Update

Ukraine has two things in abundance. Beautiful women and people stupid enough to believe that the EU and/or Obama will come to their rescue.

Today President Obama warned Ukraine’s government against crossing the “Red Line” against its citizens and using force. Truly, I am in disbelief.

First, Obama administration works behind the scenes (aka covert CIA Operations or some crap like that) to instigate Ukrainian instability and uprising, then Assistant Secretary of State Victoria Nuland says “Fuck The EU” for the whole world to hear.

So, what business does the USA has interfering in Ukraine’s and Russia’s business?

Well, it shouldn’t, but for some reason it does. It is either because the US completely lost all of it’s marbles or because Obama would like to get back at Putin. Apparently, the negative propaganda spin through western media is not doing it’s job. Whatever it is, I think Obama is about to look stupid again. Just as he ended up with Syria and Iran.

The only way Ukraine will join the EU or the West is over Putin’s dead body. Make no mistake, he controls it and he will not let it go. No matter how many protesters they will have to kill. For Russia, losing Ukraine to EU would be equivalent to the USA losing Kentucky to Cuba. Not happening.

I just hope that the situation resolves itself without any further bloodshed. The next few days will be very critical.

MARKET UPDATE:

2/19/2014 – An across the board down day with the Dow Jones down -89 points (-0.55%) and the Nasdaq down -35 points (-0.82%).

The Dow started the day by zooming up into our previously suggested upper range of 16,222 before reversing and subsequently dropping 182 points. In the process confirming a bearish short-term trend on the hourly chart.

Should we celebrate this precise hit as per our earlier forecast?

Not quite yet. I tend to be a little bit more on the safe side and would like to wait for a follow through to the XXXX tomorrow or over the next few days before confirming an exact price/time hit. I did reverse my QQQ position today at $89.71, going XXXX at the same price, with a stop loss @ XXXX. Please check our updated portfolio section within member section.

Other than that, we are right where we need to be in both price/time and in terms of portfolio allocation. Portfolio allocation suggested to all parties on 2/18/2014 is still in effect.

END OF UPDATE: —-Please Note: XXXX is available to our premium subscribers in our + Subscriber Section. It’s FREE to start.

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