Monday, December 11, 2006

MARKET WILL TREAD WATER FOR REST OF YEAR

That is if everything goes as planned... Any big liquidity push in favor of the January Effect could be grossly misplaced this year...

But this is a market that is largely self-funding... It really makes no difference what the economy or the companies actually "do" since the liquidity is all concentrated in the financial sector now... So the market does whatever the market masters want it do to...within the limits that the financial community sets among themselves...thanks to the FED policy that the market must be saved above all... A pretty good position to be in IF YOU'RE A MARKET MASTER!


BUT ALAS, NOT IF YOU'RE A WORKER...OR AN ENDEBTED CONSUMER.