WELL I HAVEN'T A CLUE...
BUT THE AMPLE LIQUIDITY SLOSHING AROUND ON WALL STREET SEEMS TO BE HERMETICALLY SEALED IN...SO NOTHING TOO BAD CAN HAPPEN...
FOR THAT WE THANK THE MAD MONEY PRINTERS AT THE FED!
THE REAL MACRO STUFF IS HAPPENING IN THE COMMODITIES AND CURRENCY MARKETS.... THATS WERE THE SIGNIFICANT AND INDEED HISTORIC ACTION IS...
THE DOLLAR IS NOW AT 143 ON THE EURO...AND PROBABLY HEADING FOR 150!
AND OIL IS JUMPING TO 90...WITHOUT ANY EFFORT AT ALL...
THAT'S WHERE THE IMPORTANT MOVES ARE BEING MADE...NOT THE DOW AND THE NAZZ...
THE AVERAGES ARE JUST A SIDE SHOW NOW...!
I SENSE A BIG BIG DOWNWARD MOVE COMING VERY SOON...
THIS MARKET IS GETTING A BIT TOO OLD TO PLAY "LETS PRETEND!"
I SENSE THE GROWUPS ARE GOING TO BE TAKING OVER VERY SOON...
THE BUBBLE FANTASIES ARE ALMOST OVER...