ANYTIME THE MARKET MASTERS ENGAGE IN REALLY BIZARRE BEHAVIOR...IT'S INTERESTING TO FIGURE OUT WHY...?
YESTERDAYS RALLY...AMID THE GENERAL GLOOM...WAS A GOOD EXAMPLE. WASSUP?
OK THERE IS THE BERNANKE HYPER LIQUIDITY TO DEAL WITH...
AND THE NOTION THAT IT WAS WALMART'S "SALES" IS JUST BULLSHIT SO THAT'S OUT...
WHAT THEN...
CONSIDER:
THE MARKET MASTERS KNOW THAT COMPANIES ARE NOT GOING TO POST STELLAR PROFITS THIS REPORTING SEASON...AND THEY ALSO KNOW THAT THE ECONOMY IN GENERAL SUCKS...AND THE DOLLAR IS PLUNGING AND OIL IS SOARING ETC...
SO WHY NOT "STAGE A RALLY" AND PROVIDE STOCKS WITH A "CUSHION" TO "SELL INTO..."
THIS WILL KEEP STOCK PRICES GENERALLY HIGH...
AND EVERYONE IS HAPPY AND THE PUNDITS DON'T HAVE TO DO ANY EXPLAINING ABOUT DECLINES BECAUSE IT'S ONLY THE "RALLY" THAT IS BEING EATEN AWAY...
AND ALL IT TOOK IS A ONE DAY RALLY...TO PROVIDE A WHOLE MONTH'S WORTH OF JOY AND BULLSHIT ON THE STREET