NOTHING CAN STOP A MARKET LIKE THIS....IT JUST WANTS TO GO UP NO MATTER WHAT... THERE IS ALWAYS SOME "NEWS" THAT CAN BE SPUN AS THE REASON FOR THE RISE...
IN AUGUST THERE ARE THINNER MARKETS...
AND THE STREET MAY BE CELEBRATING OBAMA'S RE-ELECTION IN ADVANCE.... OBAMA HAS BEEN VERY GOOD FOR WALL STREET...IN WAYS THAT ROMNEY WOULD NOT BE ABLE TO MAINTAIN...
AS ROMNEY'S STAR DECLINES...THE MARKETS WILL LIKELY RISE...
ADD TO THAT THE PROMISE OF MORE FED MONEY FOR THE 'ECONOMY'...AND ITS THE PERFECT STORM FOR A MARKET MOONSHOT...EVEN IN THE MIDDLE OF AN ECONOMIC DEPRESSION AND GENERAL COLLAPSE...
AT SOME POINT THE MARKET MASTERS WILL "PULL THE PLUG" AND THE MARKET WILL DECLINE SHARPLY...SETTING UP ANOTHER RALLY CYCLE...
BUT THESE RANGE BOUND MARKETS WILL CONTINUE UNTIL THE DEPRESSION ENDS...IF IT EVER ENDS...WHICH IS UNCLEAR.
THERE IS REALLY NO UNDERLYING REAL ECONOMY IN THE US NOW...SO MUCH OF IT IS DEPENDENT ON THE FED BUBBLES...WHICH HAVE BEEN LIMITED TO THE MAJOR AVERAGES SINCE THE 2008 BANKING COLLAPSE...
