THIS IS A MARKET THAT "CAN'T" GO DOWN...
THE STREET IS SO DIVORCED FROM REALITY AND THE LAWS OF ECONOMICS THAT NOTHING CAN STOP THE RELENTLESS ASSET INFLATION...AND CURRENCY AND BOND DECLINES...
BUT THIS IS NOT A MARKET THAT IS BEING "CHASED" BY MOM AND POP...THEY LEARNED THEIR LESSON BACK IN 2000.... IT IS STRICTLY A MARKET OF MONEY MANAGERS DESPERATELY SEEKING "PERFORMANCE"....AND IT THAT REGARD RESEMBLES THE LATE 60'S "PERFORMANCE MARKETS."
THE DOW WILL CONTINUE TO RISE...IN ALMOST A STRAIGHT LINE...THIS SPRING'S RALLY SAW THE ABILITY OF THE MARKET TO RISE WITHOUT CORRECTING EVEN FOR "TECHNICAL ADJUSTMENTS".... APPARENTLY THE MARKET MASTERS HAVE FIGURED A WAY AROUND THE OLD FASHION "TECHNICAL" PULL BACKS...
LIKELY THE NEVER ENDING LIQUIDITY FROM THE FED IS BEHIND THIS "NEW WORLD ORDER" IN SPECULATION...
WATCH THE RISE...OR TRY TO DAYTRADE IT...BUT WHEN THE END COMES...THIS TIME IT WILL BE BIBLICAL IN IT'S CONSEQUENCES...
