NOTHING CAN STOP THE MARKET NOW...WE ARE IN A TOTALLY IRRATIONAL PHASE ....AS EXEMPLIFIED BY THE MARKET'S INSANE REACTION TO THE FED MINUTES THIS WEEK...
IF THE FED CUTS AT THE NEXT MEETING STOCKS COULD SOAR TO 18,000 BY THE END OF THIS YEAR...THAT HAS BEEN MY PREDICTION ALL ALONG.
EARNING WARNINGS COULD CAP THE ADVANCE...BUT MY HUNCH IS THAT CREATIVE ACCOUNTING, CEO OPTIMISM AND BROKERAGE UPGRADES WILL HANDLE THAT.
THE MARKET CAN BEARLY MUSTER ONE DOWN DAY BEFORE A BUYING OPPORTUNITY IS DECLARED.
THE FED WILL PRINT MONEY LIKE MAD FOR THE REST OF THIS YEAR...THE DOLLAR WILL CONTINUE TO PLUNGE AND OIL WILL RISE...
2007 WILL BE THE BEST YEAR IN THE LAST SEVERAL FOR STOCKS...
AS TO 2008...WELL, THE CHICKENS COULD BE COMING HOME TO ROOST...
BUT PARTY ON DUDES...THAT'S WAY OFF NEXT YEAR...STILL MILLIONS OF SUCKERS TO FLEECE IN 2007!!
