Billy Ford

Wall Street Breakfast: Must-Know News

man o man...at least 1 article a day on how a bank has failed or is losing hundreds of billions, and the market just shrugs it off..they rally on some bs earnings report where some company laid off 30% of its workers to squeak by consensus. Not that i think the market should be predictable, but come on, this is beginning to be obsurd..Well it has been obsurd for a couple of months now. oh well, I will leave with my 2 cents...If you are long this market, you better be really, really, really careful, because 80% of this is smoke and mirrors, and sooner or later the truth will prevail.When that day comes, you better hold on to you hat, because it will be a long ride down...or maybe not, maybe the ones pulling the strings will continue to prop up this market forever with a bunch of bs