Tuesday, February 22, 2011

CORRECTION OR BUYING OPPORTUNITY...?

ITS POSSIBLE THAT WE NEED A "SUCKER FLUSH" IN THE MARKETS TO GET THE RETAIL SUCKERS OUT...

ALAS...THEY CAUGHT THE TOP AGAIN...

THE PROBLEM WITH THE OVERALL MARKET...IS THAT HYPER-LIQUIDITY IS MEETING A DEPRESSED AND STRUCTURALLY DAMAGED ECONOMY IN THE US...

WHICH WILL PREVAIL...?

WELL HYPER-LIQUIDITY WILL ONLY TAKE YOU SO FAR... EVENTUALLY GAS WILL SPIKE AND THE NEW STOCK BUBBLE WILL POP...

EVERYONE KNOWS THAT THE CORE OF THE US ECONOMY IS DAMAGED...HOUSING, THE CONSUMER...CREDIT FOR THE WORKING CLASS...ETC...

YES THE RICH AND CORPORATIONS ARE FLUSH WITH NEW CASH...

BUT WILL THEY EVEN BUILD FACTORIES IN ASIA...IF THERE IS NO DEMAND FROM THE US CONSUMER...

ITS VERY POSSIBLE THAT THE MARKET WILL ENTER ONE OF ITS RATIONAL PHASES...AND THE BIG BERNANKE PUT RALLY WILL MELT WITH THE MARCH SNOWS...