Journey into the abyss, come on along for the ride. Only bring the Q and the G* phone with you.
Looking forward: Huge holiday spending as never seen before. Anyone heard anything about consumer confidence lately? It was hammered weekly not long ago. Non factor today. Real estate zooming through the roof. Pricing and inflation in check. Economy jogging along at an even pace. Heard any flu rumors? It is that season, only biological in nature.
Looking back: Greenspeak raising rates due to economy growing too fast. Huh? Like telling guy in desert that we're giving you too much water. Hello! Get a clue. No recession, depression (unless you were long IRID), compression, obsession, or any other ession. Inflation? NOT! Had a series of raises? NOT! Credit markets in trouble? Banking system? NOT! Anyone you know that is unemployed that doesn't want to be?
Looking now: Stores are filled with consumers, and everyone I know that hasn't already moved to a new home, is planning on it. Well, just a little reminder of what you will not hear from the CNBC crowd, since like weather forecasters, they never seem to just stick their heads out the window for themselves. Oversimplification? Of course! That is my specialty.
As for Q, the market may take it down, but, I'm buying as much or more of everything I can find as long as it is. This is opportunity knocking prior to a huge year end boom. It may not be tomorrow, but soon. Just an opinion.
Would like to hear yours.
Q rocks, GO BRAIN GO!
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