Thursday, May 31, 2007

FORGET GDP...THIS MARKET IS ON A MISSION!

NOTHING STOPS THIS MARKET MOONSHOT...

ONLY THE FED COULD PULL THE PLUG.

BUT BERNANKE WANTS TO TAKE GREENSPANS PLACE AS: "THE BUBBLE KING."

AND VERY LIKELY BERNANKE'S BUBBLE WILL BE THE BIGGEST IN HISTORY...

MAKING THE GREENSPAN ERA BUBBLES IN THE 1990's LOOK LIKE A FOUNT OF REASONABLE VALUATIONS...

I SEE DOW P/Es GOING TO 100 OR MORE... IT'S LIQUIDITY NOT GROWTH THAT IS FUELING THIS HYPER INFLATION IN ASSET VALUES...

FURTHERMORE, IT IS POSSIBLE THAT THE DOW WILL NEVER DECLINE AGAIN....EVER!

A PERMANENT HYPERINFLATION IS CLOSE TO KICKING IN ON STOCK PRICES...

MY ONLY QUESTION IS WHY IS THE RETAIL INVESTOR NOT JUMPING IN...?

THIS RALLY IS COMPLETELY HEDGE FUND AND PRIVATE EQUITY BASED...IT REALLY RESEMBLES THE LATE 60's "CONGLOMERATE" MESS THAT DEVELOPED AT THE END OF THAT BULL MARKET PHASE...AND USHERED IN "THE 70's..."