I DOUBT THAT BERNANKE WANTS TO BE CUTTING RATES INTO A NEW RECORD ON THE DOW...
THIS THING WILL NEED TO TEMPER A BIT...
THE FED IS ALREADY ON THIN ICE WITH THE DOLLAR AND OIL...
MY HUNCH IS THAT THE FED AND IT'S SHILLS SUPPORT FOR THIS NEW MOONSHOT WILL BE WITHDRAWN SOON...
THEY JUST CAN'T AFFORD "NEW HIGHS" ON STOCKS...WITHOUT HAVING NEW HIGHS IN GOLD AND OIL...!
IT'S REALLY JUST THAT SIMPLE...
BERNANKE HAS HIS BELOVED PAPER ASSET BUBBLE BACK...THE REAL ESTATE SHIT IS BEING WRITTEN OFF...
BUT THERE IS A CEILING ON STOCKS NOW... THIS THING IS IN FANTASYLAND... AND EVERYONE KNOWS IT.