AS LONG AS INVESTORS WILL ACCEPT A SOLELY "LIQUIDITY BASED" RALLY IN STOCKS...
BECAUSE WE KNOW THAT THE FED WILL PRINT ALL THE MONEY WALL STREET WANTS...INDEFINITELY.
THERE IS ABSOLUTELY NO REASON WHY THIS MARKET CAN'T GO UP FOREVER...!
WITH WORKERS OUT OF THE PICTURE NOW...AND CHINA PRODUCING THE WORLDS CHEAP GOODS...ASSET INFLATION HAS FREE RANGE TO GO AS HIGH AS IT WANTS...
THIS WILL BE A RECORD YEAR FOR STOCK PRICES...EVEN THE BUBBLE OF 1999 WILL LOOK TAME BY COMPARSION...
UP UP AND AWAY...WITH THE EXCEPTION OF SMALL DIPS...UNDER 20 POINTS ON THE DOW...JUST TO MAKE IT ALL LOOK ILLEGIT....
I SEE NO REASON WHY STOCKS CAN'T RISE INDEFINTELY...
THIS IS A NEW ERA! REALLY...ALL THE OLD RULES ARE HISTORY...
I KNOW HOW THEY DID IT...BUT I STILL HAVE A HARD TIME BELIEVING IT...!
P/Es ON LARGE CAP STOCKS CAN EASILY GO TO ....OR EVEN EXCEED...100!
PROVIDED THAT THE MOMENTUM IS MAINTAINED...
