Pay No Attention to the 140 P/E Behind the Curtain [View article]
But realize the beauty of it--"evaporflation" defies rationality, which means there is no reason the Dow can't float to 11,000 or 12,000 or higher. All you need is fake money to play, and viola, it rises ... like hydrogen.
This latest Bernanke-fueled rally confirmed--it's a pro market for technicians driven by momentum based off Bernanke's cues. You can write the script--the pro's drive another 300-500 points on the Dow, then small investors move in. It's all good--until Jan/Feb/Mar. 2010 when consumer spending craters (then back to Dow 8000) or when Israel bombs Iran (then back to Dow 6000).
On Aug 22 09:04 AM Dave Wrixon wrote:
> Bull markets have volume. > > Show us the volume.
A fundamental so big that it's overlooked--the number of abortions since 1973 totals 49,551,703. And over 20% of that number would be at childbearing age today. While nothing says that depopulation causes deflation, the absence of vigorous population growth is an aggravating factor. The exciting conclusion: the long play is in Brazil.
Pay No Attention to the 140 P/E Behind the Curtain [View article]
Fourth Worst Start to October Ever [View article]
Stocks May Not Fully Correct Until 2010 [View article]
Stocks May Not Fully Correct Until 2010 [View article]
51.68% in 165 Days [View article]
On Aug 22 09:04 AM Dave Wrixon wrote:
> Bull markets have volume.
>
> Show us the volume.
Why I See Long-Term Deflation [View article]