THE MASSIVE SHORT COVERING RALLY TODAY TURNED INTO A PANIC...
OF COURSE IT WAS SPUN TO THE PUBLIC AS...? AS...? WELL...
SOMETHING GOOD...? "BETTER THAN EXPECTED" OR "THE RATE OF DECLINE HAS SLOWED"...OR....
YOU NAME IT...
NO ONE REALLY KNOWS WHAT TO DO...BUT IT DOESN'T REALLY MATTER...
THE ASSUMPTION BY THE ELITE PROPAGANDA MEDIA...ON FOX AND CNBC...ET AL...IS THAT THE PUBLIC IS TOO DUMB TO REALIZE WHAT'S HAPPENING...
THEY JUST KEEP SPINNING ...AND SPINNING...
IF ANYTHING THE "RALLY" TODAY PROVES THAT THIS IS A VERY VERY SICK MARKET...WITH AN ECONOMY THAT IS ESSENTIALLY A "ZOMBIE"....
THE CIT NEWS AFTER THE BELL WAS ONLY MORE PROOF OF THAT...
GOLD AND OIL RALLIED BIG TIME...
LIKELY MORE SHORTS WILL BE PUT ON...AFTER TODAY'S COVERING RALLY...
VERY SICK REALLY.... THE MONEY RUNNERS HAVE THEIR FED "PLAY MONEY" AND NOW THEY ARE HAVING SOME FUN WITH IT...
NONE DARE CALL THIS INVESTING OR EVEN RATIONAL...
IT'S JUST TO KEEP THEM AMUSED UNTIL SOMETHING CAN BE FIGURED OUT TO GIVE THE US A "REAL ECONOMY" AGAIN...
AND THAT IS GOING TO BE VERY VERY DIFFICULT....