Wednesday, May 29, 2013

MARKET FACES A LIQUIDITY FREEZE UP...LIKE 2008

STOCKS WILL NOT GO DOWN...ON FUNDAMENTALS...OR EVEN ON CNBC BULLSHIT...

STOCKS WILL NOT GO DOWN BECAUSE "THEY ARE TOO HIGH"...NOTHING IS TOO HIGH ON WALL STREET...

STOCKS WILL ONLY GO DOWN...LIKE IN 2008...WHEN THE INTERNAL LIQUIDITY MECHANISM BECOMES SO DISTORTED...THAT IT COLLAPSES OUTRIGHT...

IN OTHER WORDS...STOCKS WILL CRASH BECAUSE OF THE MECHANICS OF THE MARKET...NOT THE VALUATION...PROFITS OR FUNDAMENTALS...

LIKELY THERE WILL BE ISSUES IN THE BOND MARKET....WHICH TENDS TO BE "MORE RATIONAL" BY NECESSITY THAN STOCKS...

THE FED IS JUICING THE BOND MARKET IN A NEW AND DIFFERENT WAY DURING THIS DEPRESSION...  

THE QE HAS BEEN MASSIVE...BUT QE IS LIKE MORPHINE GIVEN TO A DYING PATIENT... ITS EASES THE PAIN BUT WILL EVENTUALLY KILL THE PATIENT...

THIS BULL MARKET WILL NOT SURVIVE 2013...AND 2014 WILL BE THE YEAR OF THE GREAT COLLAPSE...AND GLOBAL CHAOS...  

SIMPLY PUT,  THIS ECONOMIC CLOWN SHOW HAS TO END...AND IT WILL...

CURIOUSLY NOT UNLIKE 1914 IN THE LAST CENTURY...