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Lot's of noise. This time there are no rules, there are no historical comparisons and all theories, axioms and logic are ready to be violated.
One wrong move and she will blow.
Courtecy of BB
This tree can't grow to the sky. Why, when, how it will crash is a nice cerebral exercise, but laws of physics will prevail. I'll enjoy the show from the bleachers, thank you very much.
Let me know when the guy with the peanuts comes around.
The peanut guy says selloff coming very soon.
Here are some Ben Shalom Bernanke's anagrams for your pleasure. It says it all.
"Nonbank Sheer Blame"
"Nonbank Shame Rebel"
"Keener H-Bomb Annals"
equity market will see new high, no doubt about it.
when there is no doubt, it may be time to doubt.
ROFLMAO Check out this article, where in D.C., they blame hot weather for 3 people getting killed and 9 nine injured in shooting sprees over the weekend. We have some real geniuses in this country don't we? LOL
http://www.washingtonpost.com/wp-dyn/content/article/2010/05/02/AR201005...
Unfortunately, Treasury and the Fed have put themselves in a huge liquidity trap at this point. Chances are that everything but perhaps the housing market would weather an interest-rate increase just fine at this point, since high-quality obligors are already turning down the opportunity to take on debt. The lack of demand is driven by their management of their own affairs, not by the cost of debt.
The main casualty, should interest rates be allowed to rise, is the US Treasury. This makes me wonder whether there is any feasible exit strategy; no way does the Fed trample on the budget unless consumer prices begin going through the roof.
DOW/SP500 intra day chart gives bullish signal.
Interesting ...
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