THE DOW IS A MOONSHOT UNTIL MEMORIAL DAY... WITH DOW 12,000 NOW ALMOST ASSURED...
THIS IS A LIQUIDITY RALLY...BASED SOLELY ON THE GREENSPAN PUT...
WHICH IS NOW THE BERNANKE PUT...
NO MATTER HOW BAD THE NEWS ABOUT THE REAL ECONOMY...STOCKS CAN STILL RALLY...
THIS IS SOMEWHAT LIKE THE MARKET IN 1999... BAD NEWS WAS GOOD NEWS AND GOOD NEWS WAS GOOD NEWS...AND NO NEWS WAS GOOD NEWS...
THERE IS NOTHING IN THE WAY OF A FED LIQUIDITY RALLY STRAIGHT TO DOW 12,000!!
MOONSHOT!
MOONSHOT!
MOONSHOT!