Good morning Paul, If someone were to tell me that the markets won't go up short term on a 6th rate cut, I would have to argue with them, I'm assuming we'll get a 6th, maybe even more.
The market is looking out 6-9 months, right or wrong, they'll find out later.
The money supply has ballooned, it's there, it's on the sidelines.
The market has record short positions.
If all of that money floods into the market, shorts might capitulate, which could drive us much higher.
I'm only looking for a couple of months of rally, a bubble run.
In the end, you know what I think.
I'm kind of thinking the opposite of most, short term bubble, then KABOOM when reality sets in. |
