Sunday, November 4, 2007

DOW UP DOWN ??

THE NOTION THAT THIS WILL BE AN UP WEEK ON WALL STREET...IS A LITTLE NUTS...

I MEAN THE BOTTOM IS FALLING OUT... BUT THE REAL ISSUE IS DO THE FED SHILLS HAVE THE MOXIE TO "SUPPORT" A MARKET THAT IS ESSENTIALLY A NIGHTMARE...WITH NO REAL END IN SIGHT...

AMAZINGLY...I THINK THEY DO... THIS IS NOT A MARKET THAT HAS TO BE GROUNDED IN REALITY...

IT CAN BE TECHNICAL...IT CAN BE SHILLED...IT CAN BE SUPPORTED IN ANY NUMBER OF NON-ECONOMIC WAYS...FOR THE SIMPLE REASON THAT THE NYSE IS THE KEYSTONE TO THE ENTIRE GLOBAL SYSTEM AS CURRENTLY SET UP...

AND CHANGING TO A "NEW SYSTEM" IS SIMPLY TOO DIFFICULT OR TOO UNCERTAIN TO EVEN BE CONSIDERED...

DOW UP...OIL UP...DOLLAR DOWN...WHEN IN DOUBT GO WITH WHAT YOU KNOW.