If you have some cash to RISK, I would short the nasdaq here
 

If you have some cash to play with, and are a betting man, I would start shorting stocks here. I think the NASDAQ is going to 700 here based on the chart and the current economic climate. Been following the market forever, I don't think anyone realizes how bad the situation really is.

The average savings rate of the American public is negative 3%. Savings don't matter when you got a high paying job and the economy is booming. But when you lose your job, can't find another job, get a pay cut, things are tight, thats when it matters, and it's gonna matter now

Nasdaq is going to 700, and the DOW is going to possible high 6000, IMHO