I THINK SO...
THE DOW COULD PUSH THE RANGE TO BETWEEN 8000 AND 8500 SOON...
THIS WILL BE BASED ENTIRELY ON FREE MONEY FROM THE FED...
THE REAL ECONOMY WILL CONTINUE DOWN FOR THE REST OF THE YEAR...
BUT...AS IN THE PAST...THE MARKETS ARE QUITE DETACHED FROM THE REAL ECONOMY NOW...THANKS TO THE FED...
BUT OF COURSE...THIS IS EXACTLY WHAT GOT US IN THE BUBBLE MESS IN THE FIRST PLACE...
QUITE SIMPLY THE FED IS PUSHING DESPERATELY FOR ANOTHER BUBBLE...
AND THAT IS REALLY SAD.... BUT THEY DON'T HAVE MUCH CHOICE NOW.
