This market is improving, the game rules can still be improved, I beleive in disclosure and accountability, somethin alien to the thinking of the Federal Reserve, which exceeded its jurisdiction and delved into CENTRAL CONTROL of the MARKETS instead of allowing market forces shape the course of the trend based on earnings. This jut opened the door to the kind of abuse of short selling on riggered margin and maintenance calls, that allowed the markets to be massively manipulated which as Bill O'Reilly pointed out, has hurt many small investors and Americans who ar trying to retireor live off their 401K and other pension plans, or young couples who had variable rate mortgages that increased causing them to either not buy that house or lose it in pending foreclosures, as well as all those layoffs. I simply was not Greenspan's job to meddle here, and he failed. Others are paying the price for his failure.
As we can see, the markets will recover ahead of the economy, but my point was, this was all unecessary.
I am,
Truly your$,
-Crystal Ball |
