Wednesday, August 29, 2007

MARKET BETS ON FED INFLATION...DOLLAR FREE FALL INEVITABLE!

THE NOTION THAT THE FED WILL BANKROLL ANY RALLY ON WALL STREET IS BACK IN FASHION...

THE LIQUIDITY OF LAST WEEK WAS NOT ENOUGH...NOW THE MARKET ACTUALLY WANTS A RATE CUT...TO REVIVE THE ASSET INFLATION IN GREENSPAN STYLE...

THEY WILL LIKELY GET THEIR RATE CUT... BERNANKE IS DOOMED TO FAIL NO MATTER WHAT HE DOES....THE BERNANKE FED WILL BE A TRANSITIONAL INSTITUTION...BEFORE THE DOLLAR COLLAPSE GETS TOO SERIOUS...

THE DOW IS STILL ON TRACK FOR 18,000 THIS YEAR...BUT ALAS, THE POOR DOLLAR WILL PLUNGE AND OIL WILL BREAK THE $100 BARRIER TO DO IT...

THE FED HAS SOLD OUT TO THE WALL STREET HYPE... NOTHING CAN PREVENT A DOLLAR FREE FALL NOW...