duperman.the fed has already failed in my opinion.13 friggen rate cuts.and $8 trillion dollars up in smoke and lost in the BUBBLE CRASH.
the pryamid scheme bubble to bail out LTCM is toast.
but now.we're in the ECHO BUBBLE.i'm wondering what this one is trying to bail out.
margin debt is now through the roof.
i figure the sheep are being led to slaughter.AGAIN.
the bubble models need to be followed in my opinion.but.this one is different.we're in unchartered water.because this one involves deflation.war.terrorists.
i need a new retrace chart to follow.but there isn't one for this in my opinion.
in every one of these post bubbles.real estate has crashed.after 1929 - down 90%.in japan - down over 50%.if people think it won't happen again.i've got the brooklyn bridge for sale on ebay for them.
i will stick with.there's more shoes to drop.
i'm not going to try to time it.i don't know when things will fall apart.too many variables.like oil.war.terrorists.foreign policy.
people just can't believe insiders are dumping their loads though.some think insiders are selling the bottom.lol.
i wish i had a brighter outlook.
but hey.we partyed in the roaring 90's.what more could one ask for.lol.
i basically agree with you.the fed will fail again.this thing is bailout resistant.in my opinion.has to run a natural course.but. i don't know the timing of it.no one does.
the tape will show us.
i wish i had a retrace chart for this.
we could do some kind of combo of 1987.1929.2000.1993 nikkei.
but for sure.this isn't 1991.lol.
THE PIPER WILL BE PAID
Brothers, sisters, husbands, wives
Followed the piper for their lives
From street to street he piped advancing
And step for step they followed dancing,
Until they came to the river Wiser
Wherein all plunged and perished
AI
