DESPITE THE IMPRESSIVE WALL STREET BULLSHIT MACHINE...A LOT OF FACTORS AND EVENTS ARE STARTING TO CONVERGE THAT INDICATE VERY SEVERE MARKET STRAIN...
AND THE CREDIT CRUNCH THAT IS OBSESSING THE FED IS ONLY ONE FACTOR... CONSIDER:
THE DOLLAR HAS NEVER REALLY RECOVERED ALL YEAR...EVEN IF STOCKS DID...MAINLY ON BERNANKE'S PROMISE OF UNLIMITED LIQUIDITY FOR WALL STREET...
MY HUNCH IS THAT THE STREET AND ITS SHILL, THE FED, ARE BACKED INTO A CORNER NOW...
THE AMERICAN CONSUMER IS VERY PUNK...
A DEMOCRATIC CONGRESS AND PRESIDENT IN 08 IS ASSURED...THE ONLY QUESTION IS HOW BIG THE LANDSLIDE WILL BE...AND IF THE OLD TIME LABOR PROGRESSIVES ARE IN CONTROL...
IF WALL STREET ALWAYS "THINKS AHEAD"....THE SMART MONEY SHOULD BE CASHING IN AND MOVING TO GOLD AND HARD ASSETS.... ASAP.
IN SHORT, I JUST DON'T SEE HOW ROSIE SCENARIO MAKES EVEN A CAMEO APPEARANCE FOR THE REST OF THIS YEAR...
