The markets are snapping back sharply on short covering and end of the month performance gaming. Hedge funds have been getting destroyed over the last few months. So now, more than usual, there is incentive to push the market higher, mark up their positions, and end the quarter on a positive.

We’ve now filled the gap from last Thursday and our moving to challenge resistance at 1,200.

Do not let these sharp rallies fool you into thinking that the ongoing Crisis in the markets is over. We had very similar sharp rallies in 2008. In fact, during the Crash itself we had three sharp rallies of 11%, 17%, and 20% respectively. Every time the market rolled over hard soon afterwards.

My primary point is that just because stocks rally doesn’t mean things are better. The markets were sharply oversold and short interest was rising dramatically. In this environment it’s quite easy to kick off a sharp short-covering rally due to rumors and the usual end of month performance gaming.

About the rumors.

Steve Liesman of CNBC claims a source informs him that we’re going to see a leveraged European Financial Stability Facility announced soon. Liesman’s source obviously doesn’t know what he or she is talking about OR the story was a plant (or both).

The reason I can say this with certainty is that German is fed up with bailouts as the below quotes from Finance Minister Wolfgang Schaeuble attest:

*SCHAEUBLE SAYS `WILL NOT SPEND OUR WAY’ OUT OF CRISIS

*SCHAEUBLE SAYS `SOLIDARITY HAS LIMITS,’ REQUIRES RETURN EFFORTS

*SCHAEUBLE SAYS `IMMEDIATE FISCAL REFORMS ARE OF THE ESSENCE’

The reality is that Europe in its current form is over. No German backstop means no success for the EFSF no matter who big it becomes. Germany IS the backstop for the EU. Take it out of the equation and the EU in its current form is finished.

So those who are buying into Liesman’s BS are going to be in for a truly RUDE surprise in the coming days. We’ve seen how heavily manipulated rallies end several times in the last six weeks: BADLY.

Indeed, last week we got a confirmed SELL on my proprietary Crash indicator. This is the SAME indicator that registered before the 1987 Crash, the Tech Crash, and the 2008 collapse.

It’s just triggered again… which means that last week’s sell off is JUST the beginning of what’s coming.

Yes, the GREAT COLLAPSE has begun. The markets will be going to new lows (below the March 2009 lows) in the coming months.

We’re also going to be seeing major banks go under, market crashes, food shortages, government shutdowns, and SYSTEMIC FAILURE.

Yes, I believe that before this mess ends, the financial system as a whole will have collapsed. What’s coming is going to make 2008 look like a joke.

Many people will lose everything in this mess. Yes, everything. The US is going to be defaulting on its debt, paper currencies around the world will fail. It’s going to be a dark dark time.

I’ve recently published three reports devoted to helping my clients get through this mess in one piece. They’re titled Protect Your Family, Protect Your Savings, and Protect Your Portfolio.

All in all these reports cover everything from how much food to store to which banks will go under,  when the US will default on its debts, which investments will pay out the biggest gains as the system collapses and more.

Regarding that last point, no one on the planet can match my ability to return a profit during times of Crisis.

To wit, my clients MADE money in 2008, outperforming every mutual fund on the planet as well as 99% of investment legends.

We also outperformed the market by 15% during the Euro Crisis of 2010. And in the last month and a half, while every one else lost their shirts, we’ve locked in 11winners.

So if you’re looking for a guide to get you through the coming disaster, I’m your man.

I’ve been helping investors, including executives at many of the Fortune 500 companies, navigate their personal portfolios through the markets for years.

I can do the same for you with my Private Wealth Advisory newsletter.

The minute you subscribe to Private Wealth Advisory, you’ll be given access to my

Protect Your Family, Protect Your Savings, and Protect Your Portfolio reports telling you precisely which steps to take to prepare your loved ones and your personal finances for what’s coming.

You’ll also join my private client list in receiving my bi-weekly market updates outlining what’s really happening behind the scenes in the markets and which investments will profit in the coming months.

And when it’s time to pull the trigger on a given investment, I’ll send you real-time trade alerts.

All of this is yours for just $199 per year.

In fact, if you subscribe now, you’ll receive my latest issue of Private Wealth Advisory detailing six investments that are poised to produce enormous profits in the next month.

I’m just putting the finishing touches on this report now. And it will be delivered “hot off the press” to your inbox the second it’s complete this evening.

The time for dilly dallying is over. The market’s have already taken out critical support and my Crash indicator is on a confirmed SELL. Failing to take action now means risking HUGE losses as the Great Collapse snowballs.

To take action to protect yourself… and insure that the coming weeks and months are a time of profit and safety, NOT losses and pain…

Click Here Now!!!

Best Regards

Graham Summers