Wednesday, April 15, 2009

WALL STREET GRASPING AT STRAWS IN A HYPER-LIQUID MARKET

THE FED HAS SO FLOODED WALL STREET WITH CASH...THAT THE MARKET SIMPLY MUST GO UP...NO MATTER HOW BAD THE REAL ECONOMY IS...OR WILL GET...

LIKELY THIS WILL BE A RANGE BOUND MARKET FOR SOME TIME...

BUT THE FED HAS STUFFED THE STREET WITH CASH...SO ANY REALLY BIG DOWN TURN IS UNLIKELY...

THE KEY SIGN THAT THINGS ARE GOING HAYWIRE...WILL BE IN GOLD AND OIL...

THE COMMODITIES SIMPLY MUST BE BASHED DOWN...AT EVERY OPPORTUNITY...TO KEEP THE HYPER-LIQUIDITY GOING...

DAY TRADE THIS INSANITY IF YOU WANT...IT'S SEEMS LIKE FREE MONEY FROM TO FED TO WALL STREET...

BUT REMEMBER...IT'S STRICTLY A RED AND BLACK PLAY ON THE ROULETTE WHEEL...THERE IS ABSOLUTELY NOTHING "FUNDAMENTAL" GOING ON IN THE ECONOMY...

FUNDAMENTALLY THE ECONOMY WILL CONTINUE DOWNWARD...

BUT THE MONEY IS CONTINUING TO BE STUFFED INTO THE MARKETS BY THE FED....

THERE IS NO LOGIC HERE...

THIS IS A DAY TRADING MARKET AND NOTHING ELSE.