APPARENTLY PLUNGE PROTECTION WILL BE IN THE MARKET UNTIL THE END OF THE WEEK...AND POSSIBLY UNTIL THE NEXT FED MEETING IS OVER...
HOW LONG THEY CAN ENFORCE THE "AFTERGLOW" OF THE FED RATE CUT IS QUESTIONABLE.
BUT, YOU CAN TRADE "AS IF" PLUNGE PROTECTION WERE OUT OF THE PICTURE BY BUYING GOLD AND GOLD STOCKS...WHICH HAVE "SECRETLY" SOARED...UNDER THE RADAR OF TOUT TV...
THE WEAK DOLLAR IS NOW ASSURED FOR THE INDEFINITE FUTURE...AND ANYONE CAN EXTRAPOLATE THE CONSEQUENCES OF THAT... HIGHER GOLD, HIGHER OIL, MORE COMMODITY SPECULATION, PERHAPS HIGHER STOCK PRICES...AS THE DOLLAR WEAKENS...
IT'S ALL SHORT TERM...
WHEN THE AFTERGLOW PARTY IS OVER...THE TROUBLES WILL RESUME. BUT APPARENTLY IT COULD CONTINUE TILL THE NEXT FED MEETING...
BERNANKE NEEDS A HAPPY FACE MARKET SO HE WON'T HAVE TO CUT AGAIN NEXT WEEK!! MY HUNCH IS THAT IT'S ALL SWEETNESS AND LIGHT...AND KEEPING THE BAD STUFF OUT OF VIEW...UNTIL THE FED MEETING COMING UP...
THE LAST THING THE B-MAN NEEDS IS FOR CRAMER TO BE "OUT OF HIS TREE"...ON THE EVE OF THE MEETING...!
