Friday, November 23, 2007

MARKETS TIED TO DOLLAR PLUNGE...

THE NOTION THAT THIS MARKET CAN RECOVER...WITHOUT SOME RESTORATION OF THE SOUND DOLLAR IS A PIPE DREAM...

UNLESS AND UNTIL THE DOLLAR IS RESTORED....THERE WILL BE NO PEACE ON WALL STREET...AND THE PLUNGE WILL CONTINUE...

THE DOLLAR IS NOT LIKE ANY OTHER CURRENCY....THE DECLINE OF THE DOLLAR IS A SIGN THAT THE ENTIRE GLOBAL MONETARY SYSTEM IS BECOMING UNSTABLE...

AND THAT IS NOT THE STUFF OF BULL MARKETS...IT'S A SIGN OF IMPENDING COLLAPSE...AND THAT IS WHAT I'M EXPECTING TO HAPPEN VERY SOON...

YOU CAN NOT BASE A MARKET OR AN ECONOMY ON HYPE, TOUTS, BROKERAGE UPGRADES, AND HAPPY TALK BY THE CEOs AND A PLUNGING CURRENCY....

THE DOLLAR BUBBLE IS FINALLY BURSTING...AND I SEE NO HOPE THAT THE FED WILL BE READY OR ABLE TO SAVE THE DOLLAR FROM IT'S INEVITABLE FATE...!