AS LONG AS "EXPECTATIONS" CAN BE KEPT AT 1930'S DEPRESSION ERA LEVELS...CREATIVE ACCOUNTING AND MASSIVE FED "LIQUIDITY" CAN DO THE REST...
AFTER A FEW DAZE OF DISTRIBUTION...THIS MARKET IS HEADING FOR THE MAN IN THE MOON...!!
IF WE START TO SEE THE GLASS AS HALF EMPTY AGAIN...OR THE MARKET BECOMES MASSIVELY OVER-BOUGHT...SOME DAZE OF DISTRIBUTION WILL OCCUR...
ALSO IF GOLD AND OIL "PARTICIPATE" IN THE RALLY TOO MUCH...AN INFLATION SCARE MIGHT START UP AGAIN... RIGHT NOW THE FED IGNORES INFLATION...TO GET THE PAPER ASSET BUBBLE BOILING AGAIN...
REAL ECONOMY INFLATION IS THE NATURAL ENEMY OF BUBBLES... DURING A BUBBLE INFLATION IDEALLY ONLY OCCURS IN PAPER ASSETS HELD BY THE BELOVED BROKERS, BANKS AND ASSORTED "RICH."
DISTRIBUTION IS WHEN THE SMART MONEY SELLS STOCK TO THE DUMB MONEY JUST BEFORE A SCHEDULED DROP IN THE MARKET... DISTRIBUTION DAZE OFTEN HAVE VERY LITTLE MOVEMENT IN THE AVERAGES...AS STOCKS "TREAD WATER" WHILE BEING SOLD TO THE SUCKERS WHO, BY THEN, ARE LINING UP TO BE FLEECED...YET AGAIN...!