Sometimes THE STREET makes it's own weather!
Take the recent WINTER TEMPERATURES; it's "warm" outside!
But you'd never know it when you're piling on the extra layer of coats!
It fact, it's ASS CHILLING FREEZING COLD OUT THERE!
No matter. Wall Street is so big, it makes it's own weather!
Not only that, Wall Street also makes it's own "reality!"
The Tidal Waves that struck most of South Asia yesterday are currently: "no problem."
But, what of ships, and shipping ports? Well, that's next weeks news. Rally on today!
But wait?
Someone's selling! But who? .................WHO?
WHO WOULD BREAK THIS GREAT YEAR END MOMO RALLY? OUR PERFORMANCE BONUSES ARE AT STAKE! WHO'SE "GETTING REAL!"
Well, I say LET WALL STREET SOAR!
LET THEM RALLY ON TO EVER GREATER HEIGHTS OF UNREALITY!
I'LL BE UNLOADING SOME OF MY OLD "SURE THINGS," RIGHT AFTER THE FIRST OF THE YEAR!
And, note well, those closed end funds are looking really pricey now......SHADES OF THE APRIL MASSACRE!
TIME FOR ANOTHER CLOSED-END PANIC?
TIME FOR ANOTHER "SUCKER FLUSH?"
YEAH, WE'RE GETTIN' THERE.................
I WON'T TOUCH A CLOSED END FUND WITH A TEN FOOT POLE NOW! I'D SAY A BIG FAT SELL ON CLOSED ENDS ASAP.
WAY, WAY TO HIGH!!
AND, WITH RATES GOING UP, AND THE DOLLAR GOING DOWN YET!
SUCKER ALERT! SUCKER ALERT! SUCKER ALERT!
LET THIS STRANGE BULL RUN TILL IT GETS TIRED!
DON'T CHASE THIS ODD JOHN RALLY!
PLENTY OF TIME NEXT YEAR, AFTER THE ANNUAL "SUCKER FLUSH!"
PLENTY OF TIME TO CATCH THE NEXT BUS TO WALL STREET, AFTER JANUARY'S BIG REALITY CHECK IS OVER.
A STRANGE AND ULTRA-OVERBOUGHT MARKET IF THERE EVER WAS ONE!
