THIS IS AN EXCELLENT SELLING OPPORTUNITY...
THIS MARKET IS NOT DEALING WITH THE REAL ISSUES...AND IT NEVER WILL.
THE TOTAL DE-INDUSTRIALIZATION OF THE US ECONOMY AND THE COMPLETE DEPENDENCE ON SPECULATION IN ASSET VALUES WITH A CURRENCY THAT IS MARGINAL AT BEST...IS THE REAL PROBLEM...
THE MARKET MAY MANAGE A FEW DAZE OF DISTRIBUTION...BUT ANY RALLIES SHOULD BE SOLD ASAP....
BERNANKE'S DESPERATE MOVE ON FRIDAY HAS SOLVED NOTHING... THERE MAY BE ANOTHER RALLY ON MONDAY BUT IT WILL NOT LAST THE DAY...
MY HUNCH IS THAT THE MARKET MASTERS WILL SETTLE FOR A "DISTRIBUTION DAY" WITH THE DOW...+ OR - 20 POINTS AT THE END...
THERE IS A POSSIBLE BIZZARO MOVE AFTER 3PM...BY THE PROGRAM TRADERS BUT THESE ARE NOT REAL VALUATIONS...AND CAN BE IGNORED...
ANY RALLY ON MONDAY WILL BE SHORT LIVED...BECAUSE WHAT HAS CHANGED...???
NOTHING!! THE FED IS PRINTING MONEY LIKE MAD...
BUT ALAS, GENTLE READER....THAT IS NOT NEW!!!
