THE LAST TWO DAYS SHOW WHAT AN INSIDE GAME THE MARKETS HAVE BECOME...
SOME MARKET MASTERS ARE BEHIND THESE PLUNGES AND RALLIES... THERE IS MORE HERE THAN MEETS THE EYE...
AS LONG AS THE MACROECONOMIC FACTORS CAN STAY IN THE BACKGROUND...THIS MARKET CAN RALLY WILDLY AND UNPREDICTABLY...
REALITY BASED MACRO ECONOMIC NEWS IS THE BANE OF WALL STREET... EVEN THE SO CALLED CREDIT CRUNCH...WAS BEYOND THE ABILITY OF WALL STREET AND WASHINGTON TO CONTROL OR "SPIN"...
BECAUSE ONLY HYPE LIKE..."BEATING YOUR NUMBER" AND "BROKERAGE UPGRADES" ARE ON THE POSITIVE SIDE FOR WALL STREET... IF THE STREET CAN CONTROL THE NEWS...OR SPIN IT...THE MARKETS WILL RALLY. IF NOT...WELL...?
AND IT'S NOT EVEN CERTAIN THAT THE OLD STANDBYS OF "SHARE BUY BACKS" AND M&A ARE AVAILABLE UNDER THESE CONDITIONS.