Friday, May 31, 2013

BEAR MARKET HISTORY...

MANY "MARKET EXPERTS" ...ARE LOOKING AT MARKET HISTORY TOTALLY ASS BACKWARDS...THIS CYCLE

HISTORICALLY, IN PRIOR MORE "NORMAL" CYCLES, THE FED "TOOK THE PUNCH BOWL AWAY" ....TO STOP A MARKET RUN UP...  

AND THAT CAUSED THE PULL BACK...

IN THE CURRENT DEPRESSION CYCLE...THE FED IS DESPERATELY FILLING THE PUNCH BOWL...AND TRYING TO GET SPECULATORS TO DRINK UP...!

THE CURRENT FED MIRACLE BUBBLE THEREFORE CAN NOT BE COMPARED TO ANYTHNG HISTORICAL...BECAUSE WE HAVE NEVER SEEN A FED OR A MARKET LIKE THIS ONE...

THIS IS A FED THAT IS DESPERATE TO CREATE A BUBBLE...

AND LIKELY IT HAS SUCCEEDED...YET AGAIN!  

SO BURN THE HISTORY BOOKS AND THE OLD CHARTS...!!

NOT A GOOD OMEN FOR THE REST OF THIS YEAR...