RALLIES ABOUT NOTHING ...OR ABOUT BULLSHIT...ARE ALWAYS PROBLEMATIC...
SOONER OR LATER...SOME JUSTIFICATION FOR THE RUN UP IS NEEDED...
MOST OF THESE RALLIES ARE ON "SENTIMENT"....OR HOPE...OR JUST HYPE...
THIS RECENT RALLY WAS ALL OF THOSE AND THEN SOME... BUT THE FUNDAMENTAL FACT IS THAT THE US ECONOMY IS AN ECONOMIC BASKET CASE...AND PRINTING MONEY IS NOT THE CURE...
BUT SO IT GOES...
I HAVE A BAD FEELING THAT IF THIS RALLY IS OVER...IF WILEY COYOTE "LOOKS DOWN" ....THE FALL COULD BE LONG AND SEVERE...
THIS WAS A RALLY ABOUT NOTHING REALLY...
DOW 6000 COULD BE THE NEXT STOP...
THE FAKE BANK PROFITS WERE JUST A SUCKER TRAP FOR THE RETAIL PLUNGERS WHO LOVE "BANKRUPTCY PLAYS"...AND LOSE THEIR ASS EVERYTIME...
