A very successful week for the market masters... The Suckers bought it!
Remember, buy that pre-statement "FED Rally" next month...!
THE MARKET ALWAYS RALLIES ON THE RELEASE OF THE FED STATEMENT...NO MATTER WHAT IT SAYS...
AS LONG AS THE FED TRIES TO BE "BALANCED" THE MARKET SPIN MACHINE CAN MAKE A RALLY OUT OF IT...
But then there is always the problem of gas, oil and gold... And the collapsing house market... And the corporate earnings which are getting harder and harder to lie about...even with creative accounting...
But in total a very good week for the Brokerage community...they pulled it off well.
A lot of suckers are stuck holding stocks now...which were bought at TOP DOLLAR...just like the suckers are supposed to do...
And remember this is still "Sucker Season" even it if has been a bit more "exciting" than the prior Sucker Seasons...
Likely the major averages are "safe" until after May first.... But things could get choppy after April 15 as major players prepare for the annual Sucker Flush...going into the summer.
And oil bears watching...it's on a slippery slope...and could advance the standard "game plan" of the market masters quickly...
The currency market also looks unstable...the dollar has been teasing 134 on the Euro... And if it hits 135 a lot of people are going to have to adopt a new "world view"...just in case.
