THE NOTION THAT THE STREET IS "ROOTING FOR" MORE ECONOMIC WEAKNESS SO THE "FED CAN KEEP ON CUTTING RATES" IS SOMETHING ONLY THE SHILLS ON THE STREET COULD HAVE COME UP WITH...!!
SELL ALL RALLIES!!
THE FREE FALL IN THE DOLLAR WILL...AND INDEED MUST...KICK IN SOONER OR LATER.
I SUPPOSE NOW A WEAK JOBS NUMBER ON FRIDAY WILL BOOST THE MARKET ABOUT 200 POINTS...? OH PLEASE... I'VE SEEN THESE SICKO BOUTS OF INSANITY ON WALL STREET BEFORE...AND IT'S STRICTLY FOR LOCAL CONSUMPTION AMONG THE HEDGE FUND KIDS...AND A FEW ASSHOLES IN THE PUBLIC WHO HAVEN'T FIGURED THIS THING OUT YET...
WHEN THE COLLAPSE DOES COME THE US ECONOMY WILL BE LEFT HIGH AND DRY...
AND UTTERLY WITHOUT ANY CAPACITY TO DEFEND ITSELF...OR JUSTIFY INVESTMENT IN US STOCKS.
A CRASH LOOMS!! THE MARKET MAY RALLY ON BAD NEWS...FOR AN HOUR OR SO...
BUT WHEN THIS DELUGE STARTS...? NOTHING WILL STOP IT...!
ANY RATE CUTS BY THE FED WOULD CRASH THE DOLLAR SO BAD THAT OIL WOULD HIT $100 IN A FEW DAYS...AND $5 GAS WOULD DELIVER THE COUPE DE GRACE TO THE US BUBBLE ECONOMY...NOW ENDING...!
WHAT'S HAPPENING ON WALL STREET TODAY....IS A DISEASE! THE PRODUCT OF SERIOUSLY TWISTED THINKING.... THE SAME TYPE OF THINKING THAT THOUGHT IRAQ WOULD BE A "CAKE WALK...!"
AVOID IT...!
