Monday, December 10, 2007

JOY MARKET REACHING TOP OF TRADING RANGE...

LOOKS LIKE A SET UP FOR A "SELL THE NEWS" DECLINE AFTER THE FED MEETING...

AND OF COURSE THE VERY FACT OF AN "UNECESSARY" OR "OPTIONAL" RATE CUT NOW WILL FILTER THROUGH THE GLOBAL ECONOMY AND CENTRAL BANKS...DESPITE THE CONSTANT HAPPY TOUT TALK ON WALL STREET...

CUTTING RATES JUST TO KEEP THE TOUTS HAPPY...IN LIGHT OF THE PLUNGING DOLLAR...WILL BE SEEN AS A MISTAKE BY FOREIGN CENTRAL BANKS....WHERE "MORE RATIONAL" THINKING ABOUT THE US ECONOMY PREVAILS...

ALAS, THE DISMAL CHRISTMAS SELLING SEASON...IS ALWAYS HYPED FOR A FEW RALLY DAZE EARLY ON...

THEN DROPPED FASTER THAN THE MALL SHOOTER STORY IN OMAHA...

'TIS THE SEASON OF JOY AFTER ALL...!

ESPECIALLY FOR THE WALL STEET BONUS BABIES...!