WITH THE DOW DETACHED OFF IN IT'S OWN LITTLE "BERNANKE WORLD" OF HYPER-LIQUIDITY...IT COULD TO ANYTHING...
AS LONG AS "NO ONE LOOKS" AT THE REAL ECONOMY ...
AND ONLY SEES THE FRESH MONEY THE FED HAS MADE AVAILABLE TO THE SPECULATING CLASSES...THE DOW CAN RISE...EVEN SOAR ON ANY GIVEN DAY...
IF YOU LOOK AT THE REAL ECONOMY...IT'S NOT SO GOOD.
THE MARKETS HAVE REALLY DETACHED IN THE US...VERY LIKE WHAT HAPPEN DURING THE BIG DOT COM BUBBLE...
REALITY IS THE FIRST CASUALTY OF BUBBLES... AND THIS NEW FED BUBBLE IS GOING TO BE BIG!!
IF THE DOLLAR AND BOND HOLDERS WILL ALLOW IT...AND THAT IS REALLY THE ONLY QUESTION RIGHT NOW...
IF PRINTING MONEY CAN SOLVE THE PROBLEMS...THEN THE PROBLEMS ARE SOLVED!
