Newman as come out with data he feels to be stunning.
CrossCurrents has , to the best of their ability tabulated what might be the DTV at this time.
DTV stands Dollar Trading Volume , a measure of volume and the amount of dollars used in the making of that volume.
They have found due in significant part of mushrooming ETFS, huge increase in options trading and huge increase in futures trading the DTV value is FAR HIGHER than its previous alltime high in early 2000.
The liquidity is unrestrained and unrelenting. There never before has ever been so much money running around looking to trade, the market is running amok, as i say the DTV value has annihilated alltime records.
Faber reveals that M3 is accelerating, now growing at 12%.
He can't believe Bernanke will not take action to stop this, for if he doesn't asset valuations will be beyond insane.
But both my broker and i in dark cynicism strongly suspect Bernanke has an ORDER from the NSA(relaying order from the WH) that he MUST keep market from any major sell-off for it would be a dangerous adverse event to America's war on terrorism,as it to show American weakness. We MUST be showing a STRONG MARKET to let our enemies know we are STRONG!!!, is the insanity of the fanatics that this nation has already surrendered much of its freedom to.
i remind, the stock market was put under control of National Security post 9/11 legislation.
i remind that the NSA-Fed now has its own monster market trading computer that is in link with several other monster trading computers, including G&S.
Where is this heading??????
My view is, an incredible financial disaster, as great as any in history(greater than post 2000, for sure). When? I DO NOT KNOW.
A Floor Trader on Bloomberg TV, who himsdelf is watching this bull run since July 2006, and saying , fear has been annihilated, there is no fear, money just keeps coming and coming and coming. He to is very cynical and sarcastic about this mania now out of control.
The view that Faber and other have that correction is nigh need something to shock market--no fear now.
i remind that as the 2000 bubble was racing to its last top, there was FEAR registering BEFORE the fall.
We will see.Max |
