Da Boyz and Da Monkies
by Welles Lamont(vbg)
In terms of my lonterm play i monitor all data like this( such as AMAT report) and this again shows that techs have been rising on " Brains who needs Brains? We are index money managers. We don't study stocks, we don't know nothing about fundamentals, the less we know the better, we simply watch each other and sector rotate , there is strength in our stupidity because we do the stupid all at the same time and as we stupidly rotate into Blue Chips techs, they go up and up, because we are none of us thinking. Our law 'Monkey see Monkey do' is a great investment strategy."
On the other hand all data in great part is revealing techs are heading for deep trouble.
Now the upside for a short-side longtermer of techs is that these same 'Monkey see Monkey do' will at some point see "gees we have 2 monkies selling techs heavily hey we other monkeys better start selling, it is time to rotate out of techs; let's go: sell".( The rub is the 2 monkeys they see selling are FAKE MONKEYS; they are Da Boyz in Monkey Costumes)
So they will be dumping techs for the same reason they bought techs and that is FOR NO REASON:)
And who controls the Monkies, Da Boyz of course.
As one smart fellow in the know said, one must realize the vast majority of money mangers no longer think and are for Da Boyz nothing but the first tier of the herd in how they manipulate the market.
Da Boyz know techs are heading for a wreck but they can keep telling the monkies techs are going to do fine because these indexer money managers never saw an earnings report they wanted to read.:)
He played his video game night and day.
The MAZE of Death.
But that is the game we all are in, the trick, don't believe it.Get above it all and imagine nothing is what it seems.Kill the machine.otraque