MARKETS IN FREE MONEY LALA LAND...

LIKELY THE MARKETS WILL CONTINUE IRRATIONAL FOR  A FEW MORE MONTHS...

OF COURSE ...YOU CAN'T BE IRRATIONAL FOREVER...BUT THESE THINGS HAPPEN ON WALL STREET...AND THEY CAN LAST A LONG TIME...

ESSENTIALLY, ITS CHURNING BY THE MARKET MASTERS...TO SEE IF ANY RETAIL SUCKERS SHOW UP...

SOME DO ...SOME DON'T...  NOTHING BIG HERE....

I THINK YOU CAN TUNE OUT THE MARKET AT LEAST UNTIL THE END OF MAY...

NOT MUCH WILL HAPPEN ...THESE PERIODS OF EXTREME IRRATIONALITY HAVE BEEN COMMON DURING THE BUBBLE ERA....

AND WITH BENANKE PUSHING IT TO THE LIMIT... REASONED OPINION REALLY NEEDS TO TAKE A REST...

AT LEAST TWO MORE MONTHS OF INSANITY ...AS LONG AS NOTHING ELSE CHANGES....

DAY TRADE IT IF YOU CAN...BUT NONE OF IT IS REAL....

THIS THING IS SETTING UP A CRASH LIKE NO OTHER...IT WILL MAKE SEPTEMBER 2008 LOOK LIKE A WALK IN THE PARK... 

BUY GOLD AND SILVER AT THESE LOWS...AND JUST FORGET ABOUT IT...IF YOU CHECK IT EVERY DAY IT WILL MAKE YOU CRAZY...  

IT WILL TAKE A WHILE FOR THE MARKETS TO SHAKE OFF BERNANKE'S INSANITY...  

THIS IS A STRANGE TIME TO BE INVESTING...

AND A VERY STRANGE TIME FOR THE FUTURE OF AMERICANS...AND THEIR ECONOMY....