Wednesday, March 19, 2008

COMMODITIES PLUNGE DEFIES LOGIC...

SO, IS THE MARKET SAYING...THE GLOBAL ECONOMY IS GOING TO CRASH SO HARD...THAT WE WON'T BE "NEEDING STUFF" ANYMORE...?

AND WHY THE "PROFIT TAKING" IN COMMODITIES TODAY...WHY NOT BEFORE THE RATE CUT...OR...LATER WHEN IT WOULD LOOK MORE LOGICAL?

WHY WOULD THE DOLLAR GO UP...ON A TEXTBOOK MOVE BY THE FED...THAT SAYS IT SHOULD GO DOWN...?

ARE WE JUST "ADJUSTING" .... OR HAVE THE PROGRAM TRADES AND THE CONTRARIANS COMPLETELY TAKEN OVER...AND THEY ARE MAKING THEIR OWN REALITY NOW...

OR WILL NORMAL LOGIC AND REASON RETURN IN A DAY OR TWO...

HAVE THE FED MANIPULATIONS CAUSED DISTORTIONS IN THE MARKET ....THAT MAKE TODAY A TRIP TO THE "FUN HOUSE"....

A HOUSE OF MIRRORS THAT DISTORTS REALITY IN ODD WAYS...?

BUT IF "THINGS" GO BACK TO LOGICAL PATTERNS...THE ONES THAT ARE CONSIDERED "TEXTBOOK" ECONOMICS....

THE FED ACTIONS LATELY WILL FAIL MISERABLY... AND THAT CAN'T BE "ALLOWED" BY THE SYSTEM....

MY HUNCH IS THAT IT ALL COMES FROM HAVING A FED THAT IS COMPLETELY RUNNING A ROGUE OPERATION FAR OUTSIDE OF IT'S MANDATE...

CONFUSING...TO BE SURE...