Monday, September 26, 2005

MARKETS FALSE OPTIMISM....

Was Rita "not so bad" or was she just not Katrina in New Orleans?

(And remember we ain't out of the woods on Hurricane Season yet).

The markets' false optimism today should be a one day affair...alas, the OLD REALITIES are what needs to be focused on...massive debt and an unwinnable war that is destabilizing the world's oil rich nations like Saudi Arabia

Lately Wall Streets response to the STOCK MARKET has been as "scripted" as a Fox Network "Reality TV" series!

THIS IS THAT DREADED FINAL WEEK OF THE QUARTER...AND EVERY REASONABLE INDICATOR FOR THE FINAL QUARTER IS POINTING DOWN!

MY HUNCH IS THAT THIS WEEK WILL BE A DOWNER...UNLESS MASSIVE "WINDOW DRESSING" KICKS IN ON FRIDAY.