I think there has been a great deal of manipulation in these markets
to get them going after the bubble of 2000 collapsed. Since
2002 it grew bigger and bigger. Thus, if it does not fail,
we'll see these markets higher. If it does fail, we may see
a swift spectacular 50% BK. I'm seeing more of that today, so
I covered my short at breakeven. -g- A major banking crisis
is going on, worse than S&L crisis, and one that we have not
seen since the Great Depression. I think that should justify
some selling in the stock market, at least
20%, but these forces are holding these markets. Since there
are no other buyers, when Biggs takes these forces to the
cleaners, there will be a market crash. I don't think it is
possible to time that event, but that's how this bull market
should end, IMHO. Either that, or these same forces short
the market -ggg- |
