happy Halloween...
the gloom & doom masks are out and flying off the shelves
at deep discounts.
rates have been hacked from 6% to 1.75% by jason our favorite
central banker and jamie lee's main squeeze. unfortunately
she's not digging his scene, and perhaps that's the setup.
the breakers have to move $, but they done tapped out all the
free cheese they could. we continue to grind lower.
the simple reality is any short term rally is simply a corrective
hiccup. we are going a bunch lower. 6300 - 6400 on doogie
dowser.
warnings blizzard will continue to undermine CONfidence.
watching these homies flip back n forth is almost comical.
one minute the P& L says yer +2200, 5 minutes later your
down 3100...
this type of thrashing can be described as pre crash thrashing.
there are some NASTY rumors about oil... something about US$
and settlement... gold fits in there somewhere or so goes the rumor.
shessh, silly rumors.
looking like al can only go for broke, which takes that $36
trillion extended fib for M3 to the bull's-eye.
after all our illustrious central banksters decided it was
"prudent" to explode the money supply by 62% in the year prior
to the beginning of the great depression.
foolspan has little left to do but even less impact. he cuts,
the markets sail for 2 to 4 hours... then take an even more
epic plunge.
the technicians appear to be lost, and that is usually a good sign
the game has changed (not responding to post hoc debates).
it is f'ugly out there. maria is bird chirping, but pie-sani
is tempering her squeakiness.
walmart really set the tone going forward. msft gets taken out
back on xbox concerns... hell, why now? they have been losing
$90+ on each and every one they sell net of marketing costs.
C, EK, IP, JNJ, MCD & MO, closed greenie for the dow. no
real breadth and the "flight to safeties" appear to be hanging
on by their chins.
AI
