Saturday, October 29, 2005

THOSE WACKY, WACKY MARKETS...

Yeah Baby. Buy Dow 10,250 and sell Dow 10,450! It's a NO BRAINER!

But alas, Mr Market abhors a No Brainers... This is getting way too predictable! And remember the markets are designed so the retail investors always loses money.

Still the "powers that be" have hitched our national economy to the speculation on Wall Street...and any break below 10,000 could be troublesome for our "world view."

So it's the irresistable force verus the ummoveable object yet again...

Perhaps, the macro thinkers in the bond market will step in and give us some guidance about: WHAT COMES NEXT?

Perhaps, higher rates and lower multiples on stocks? That would be very "macro" indeed.