The market is never wrong, The market vote with low volume is "No Sale" at lower prices, thats the clear trend. The Trend is your Friend. America is not buying into Greenspammer. This is a good thing martha. What would be bad is if everyone was heading to the exits, they ain't. Since you are apparently unaware, the test is consumption. As long as people buy what is produced things are ok. Its that simple, and there is no sign they are not. Therefore there is no reason, logically, to cool off, and shut down production, by increasing the costs of doing business, like increasing interest rates, which get passed on, or stop expansion of plant, material, labor, and production. Or put it another way, don't freeze part of the price high, with high interest rates, when the other parts of the equation are in equilibrium, supply and demand. You must remember econ 101: Supply, price and demand curves, predo max. etc.? Want to predict a price target go ahead, I will stand by my two prior posts.
I am,
Truly yours,
-Crystal ball
(P.S. sorry I refuse to fatten up stocks for a fall for the SHORTS).
I'll be buying, not selling AOL after Tuesday. |
