UNFORTUNATELY THAT ALSO APPLIES TO OIL AND GAS PRICES...
THE PROBLEMS THAT WERE CAUSED BY AMERICA'S "OUT OF CONTROL" ELITES...
SADDLY....ARE STILL RAMPANT IN THE US ECONOMY...INDEED DOMINANT.
THIS IS A TRANSITION PHASE BETWEEN THE SEPTEMBER 08 COLLAPSE...THE THE REAL COLLAPSE THAT IS YET TO COME LATER THIS YEAR...
IN OTHER WORDS...EVERYTHING SO FAR HAS BEEN DIGGING THE HOLE DEEPER...WITH THIS ATTEMPT TO "SAVE THE ELITE BANKS"....AND THE OTHER "TOO BIG TO FAILS"...
MY HUNCH IS THAT THE NEXT LEG DOWN STARTS IN SEPTEMBER OF 2009...JUST LIKE THE FIRST PLUNGE DID...
THIS MARKET WILL HAPPY TALK THE SUMMER AWAY...BUT NO ONE REALLY BELIEVES ANYTHING ABOUT A "RECOVERY" AT THIS POINT... AND ANY "RECOVERY" THAT STARTS IN AND IS CONFINED TO ASSET PRICES AND PRINTING MONEY...
IS WELL..
NOT WORTH THE PAPER IT'S PRINTED ON...!
