THE SUCKERS ARE SETTING UP A RE-TEST OF THE MARKET LOWS LATER THIS YEAR...
THIS IS THE BEAR MARKET RALLY FROM OVERSOLD CONDITIONS THAT HAS BEEN EXPECTED...
SO, REALLY THE SUCKERS ARE JUST "DOING THEIR JOB"...
TO ACTUALLY BELIEVE THAT THIS IS: "THE BOTTOM"....
WOULD REQUIRE TOTALLY IGNORING THE REAL ECONOMY NUMBERS... WHICH ARE ACTUALLY GETTING WORSE NOT BETTER...
BULL MARKETS RALLY BECAUSE OF THE NEWS...NOT DESPITE IT...
THE DOW WILL HIT THE CEILING AROUND 9000 AND GO BACK TO 7500 IN DECEMBER...
THERE ARE STILL TAX LOSS SALES TO COME....AND THEY ARE HUGE...!
AND REDEMPTION FROM MUTUAL FUNDS DECEMBER...
WITH THE FED'S MASSIVE CASH HOARD ON TAP THE SWINGS COULD BE BRUTAL...
BUT THE ECONOMY WILL REMAIN PUNK FOR A LONG TIME TO COME...
MOST OF THE FED CASH IS TRAPPED IN NEW YORK...AND ON WALL STREET...
NONE OF IT IS GOING TO MAIN STREET...AND IT NEVER WILL...
THANK YOU SUCKERS...!! GOOD JOB!!