THE SPIN MACHINE HAS IT HANDLED...
WE ARE GOING TO RALLY FOR THE REST OF THE SUMMER...
DOW 14,000 BY THE TIME MCCAIN IS NOMINATED...!!
UNDER THESE CONDITIONS EVEN ONE DOWN DAY COULD DESTROY THE "MAGIC"...SO I SEE WALL STREET IN PERPETUAL RALLY MODE TILL LABOR DAY...
NO RELIEF ON GAS PRICES HOWEVER...
BUT THE JOYS OF SPECULATION WILL RETURN TO WALL STREET BIG TIME...! SORRY ABOUT MAIN STREET...
IF YOU READ BERNANKE'S STATEMENTS CAREFULLY, HE ACTUALLY HAS BEEN SIGNALING THIS FOR A LONG TIME...
THIS SUMMER RALLY WILL BE "PAID FOR" WITH A WEAKER DOLLAR...PROBABLY CROSSING 160 ON THE EURO SOON...AND PERHAPS AT 165 BY LABOR DAY...