THE MARKETS HAVE FINALLY GOT EVERYONE GOING THE SAME WAY...UP UP UP... EVERYONE HAS THE SAME ALGORITHM GOING...SHORT GOLD AND OIL...LONG BIG CAP DOW AND S&P...
THE SUCKERS MAY FLOCK...BUT NOT MANY...MOST OF THEM ARE STILL OUT OF WORK...
THE BED HEADS CAN PLAY MUSICAL CHAIRS WITH BERNANKE BUCKS FOR THE FUTURE...
AND TOUT TV IS RIPPING UP THE SCRIPT...ITS ALL TOUTS ALL THE TIME NOW...
WHY IS THIS FAKE...? BECAUSE ITS TOTALLY NON-MACROECONOMIC...OR EVEN MICRO IN SOME CASES...
THE REAL ECONOMY IS STILL IN A DEEP DEPRESSION...JOBS, DEBT, HOUSING, CITY AND STATE GOVERNMENTS ARE STILL IN COLLAPSE MODE...
AND THE FED IS PRINTING MONEY LIKE THERE IS NO TOMORROW... THE CORPORATE AND FINANCIAL SECTORS HOARDED THE MONEY ALL LAST YEAR... BUT THAT BET IS OFF NOW...
THE SHORT OIL...LONG DOW TRADE IS BACK IN FASHION...
OF COURSE ITS NONSENSE...BECAUSE IF THE COMPANIES ARE DOING SO WELL...WHY WON'T THEY NEED MORE OIL AND COMMODITIES...
WELL...DON'T ASK... THIS HAS NOTHING TO DO WITH THE ECONOMY...
THIS MARKET THINKS ITS 1999...AND THAT IS EXACTLY THE SCRIPT THE FED GAVE THEM...
OF COURSE...A FEW THINGS ARE DIFFERENT...BUT FOR NOW...A NEW BUBBLE WILL MAKE WALL STREET AND WASHINGTON LOOK LIKE GENIUSES...
AND WHO KNOWS ... MAYBE SOME OF THE NEW BUBBLE WILL "SLOSH" INTO THE REAL ECONOMY...
BUT THIS MUCH IS SURE... ITS NOT 1999...!
BUY THE DIA THE SPY...AND DAYTRADE IT... HOLD GOLD...OR AVERAGE IN ON THE DIPS...
ONE THING WE KNOW...LONG TERM... MACRO ECONOMICS WILL WIN...!