YOU WOULD EXPECT THAT AFTER TWO BIG DOWN DAYS...THAT THE DOW WOULD BE A NO BRAINER UP TOMORROW...
WELL PERHAPS...THERE MIGHT BE A FEW SURVIVING SHORTS OUT THERE SOMEWHERE...
BUT I WOULD EXPECT THAT THE MARKET COULD START TURNING DOWNWARD...AFTER A BRIEF RALLY ATTEMPT ON MONDAY MORNING...
BECAUSE ALL OF THE MANY EXCESSES ARE NOT OUT YET...
AND THERE ARE STILL SOME HUGE MACROECONOMIC ISSUES THAT THE FED IS REFUSING TO TALK ABOUT...LIKE THE DOLLAR AND THE DEFICITS...AND THE REAL ESTATE DEBACLE SEEMS TO HAVE SOME MAJOR HEDGE FUNDS ON THE ROPES.
SILENCE MAY NOT BE GOLDEN FOR THE FED AND IT'S SHILLS ON THESE BIG ISSUES...IN THE VERY NEAR FUTURE.
