WALL STREET IS IN A FANTASY MODE...NOT UNLIKE THE WORST OF THE PRIOR BUBBLES...
THIS TIME THE FED HAS OUTRIGHT SAID...THAT THEY ARE TARGETING STOCK PRICES FOR INFLATION... AND ITS WORKING...NO ONE IS FIGHTING THE FED...
WALL STREET MONEY RUNNERS AND OTHER APPLE-CLAD BED HEADS ARE PUSHING STOCKS ON MOMO THINKING ... WITH NO REAL END IN SIGHT...
OF COURSE ... THE "RETAIL SUCKERS" MISSED IT... BUT I DON'T THINK THE SUCKERS WILL FLOCK NOW...THREE TIMES BIT...THE SUCKERS AREN'T COMING BACK SOON...
SO THIS "NEW BUBBLE" WON'T BE OVER UNTIL ITS OVER...
FOOD INFLATION IS HIGH... BUT OIL IS BEING SURPRESSED BY THE MARKET MASTERS WHO KNOWN THAT THE REST OF THE BUBBLE CAN'T GROW ...IF OIL SPIKES...
GOLD IS DOWN BUT NOT OUT... THE ENTIRE NEW BERNANKE BUBBLE HINGES ON HOLDING DOWN OIL...
THIS IS ACTUALLY EASY TO DO...IF ALL THE BED HEADS GET ON THE SAME ALGORITHM...AND STAY THERE UNTIL THE INEVITABLE CRASH...
NAMELY ... SHORT OIL... AND LONG THE DIA AND SPY...
THATS THE TRADE NOW...AND IT HAS CREATED A PERPETUAL MOTION MACHINE ON THE UPSIDE FOR BERNANKE'S NEW BUBBLE...
WHEN WILL IT END...?
LIKE ALL BUBBLES IT WILL END WHEN IT ENDS...
AND NOTHING CAN CHANGE THAT...
BEEN THERE DONE THAT...
