TODAY WAS ANOTHER HEAD FAKE...A SELLOFF FROM WAY WAY OVER BOUGHT LEVELS...
THE MARKET MASTERS SIMPLY NEED TO ADJUST THEIR BOOKS FROM TIME TO TIME.
HOWEVER THE TROUBLES ARE REAL...AND GETTING WORSE...
AT SOME POINT THE DECLINE WILL BE ON HIGH VOLUME...AND THAT WILL BE THE NEEDED WASHOUT...
THESE LOW VOLUME "PANICS" ARE NICE...BUT JUST TECHNICAL...
THE GLOOM AND DOOM IS GETTING DEEP HOWEVER... AND AT SOME POINT IF THE SELLING INCREASES...THE MARKET MASTERS WILL HAVE TO STAND ASIDE...
NO PANIC TODAY... JUST A HEAD FAKE...
I SUSPECT THAT BETWEEN THE FED LIQUIDITY; AND THE CONCENTRATION OF WEALTH IN THE HANDS OF A FEW ON WALL STREET...THEY CAN KEEP THIS BUBBLE GOING INDEFINITELY...
THE REAL TROUBLE WILL BE IN THE COMMODITIES MARKETS...AS WITH OIL...AND LATER GOLD...AND THE DOLLAR TELLS THE REAL STORY...NOT THE DAILY DOW BULLSHIT...
