Tuesday, May 26, 2009

MARKET SHOULD SELL OFF AT 4PM... HERE'S WHY:

THIS KIND OF MASSIVE RALLY ABOUT NOTHING...BASED ON "SPUN NUMBERS" AND VOLATILE DATA ...AND WISHFUL THINKING... WHILE STRONGLY IGNORING EVERYTHING ELSE...LIKE THE HOUSE DEBACLE TODAY...HAS ONE BIG PROBLEM...

IT'S CALLED: TOMORROW MORNING...

REMEMBER IF YOU BUY 'EM TODAY...YOU WILL WAKE UP OWNING THEM IN THE MORNING...

AND TONIGHT THE TOUTS WILL HAVE TO TALK ABOUT THE HOUSE PLUNGE TOO...NOT JUST THE PHONY "CONFIDENCE GAME" NUMBERS...

THE REAL AND THE PHONEY WILL BE HIGHLIGHTED IN TONIGHT'S DATA TALK FESTS...

AND GIVEN THE DATA CLIMATE...I DON'T THINK ANYONE WHATS A PIECE OF THIS ACTION LONGER TERM...