BEFORE THE RECENT MARKET EPIPHANY...
DOOMSDAY WAS JUST AROUND THE CORNER... THE PROBLEM WITH DOOMSDAY HOWEVER IS...
WHAT HAPPENS NEXT...? WHAT HAPPENS "THE DAY AFTER" DOOMSDAY...?
APPARENTLY THE MARKET MASTERS AND TRADERS WHERE NOT KEEN TO FIND OUT...
SO DOOMSDAY WAS PUT ON THE BACK BURNER FOR A WHILE...
BUT MERELY PUTTING DOOMSDAY ON THE BACK BURNER...WILL NOT SOLVE THE PROBLEMS THAT CAUSED THE CRISIS...
THERE IS A MISPLACED CONFIDENCE THAT ...IF ONLY WE "DON'T SEE" IT...BECAUSE OF THE NICE FED SPONSORED RALLY...
THEN IT GOES AWAY...
WELL PERHAPS... FOR A WHILE...
BUT OSTRICH STYLE INVESTING IS NOT GOING TO PREVAIL LONGER TERM...
LOOKING THE OTHER WAY...AVERTING THE ATTENTION OF THE PUBLIC AND INVESTORS WITH HYPE AND MONEY PRINTING IS A SHORT TERM FIX...
FOR LONG TERM PROBLEMS...
REMEMBER THE BANKS WERE AND ARE FAILING...AND THE FED MERELY WANTED TO "BUY TIME" TO FIGURE OUT WHAT TO DO NEXT... BUT THAT IS HARDLY A MARKET TURNING POINT...OR GROUNDS FOR A NEW BULL MARKET...
WHAT DO YOU SAY....? WHAT CAN YOU SAY...?
RALLY ON...!!
