>the key now is to see if EVERYBODY is already long or not..
Are you really a stupid as you sound? Of COURSE everybody is already long, to the gills, on margin. That's why the fed keeps injecting liquidity every other f**king day with several billion dollars of repos that go directly into the equities markets.
Last year the fed told the media that the injections were for Y2K concerns. This year, even though there have been just as many injections, the fed has said nothing.
The truth, which all fed officials know but will never admit, is that without a constant increase in money supply, in fact an ever-faster increasing increase, our stock market, and thus our economy, and thus the world's economy, will collapse.
Remember, when everyone is already invested, YOU SIMPLY PRINT MORE MONEY SO THEY CAN INVEST MORE. End of story. |