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Strategies & Market Trends : The coming US dollar crisis
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To: zamboz who wrote (20085)4/29/2009 3:33:20 PM
From: LTK007  Read Replies (2) of 71405
 
A key thing is THE HUGE MONEY BOYS are now doing HFT.Meaning the bulk of volume is NOT buy and hold.

Analyst after analyst on Bloomberg now POUNDING the table--The Recession will be over at least by July, the market rally is totally rational and THIS is the begining of great recovery and the beginning of THE NEW BULLMARKET.
All base their model on 74/75 and 81/82.
That IS their PROOF.
As Nassim Taleb says, this the Rear View Mirror Herd.
They never allow that well something maybe differnt now.

My view "Live BY the RearView Mirror" and if what you in Mindless Complacency believe will repeat BECAUSE it has every time since post WWII it THEREFORE is a Newtonian Law, will be annihilated when history DARES does something different based of all of 60 years of history.
As if Economics is an actual science.
i here repeat Kenneth Galbraith great quote(NOT EXACT QUOTE:) "The Mainstream Economic Forecasters exist to make Astrological Economic forecasters look good" --i added the word "mainstream"
The guy i heard blitheing away now is that fellow with the last name of Hoey, it should be Who-EE.

They ALL sound like TexBanker--most all of them.

Hoey says he can't say anything about matters pre-Post War II but obviously by his evangelizing the great recovery, he doesn't care.
BTW, the present P/E has NEVER EVER been this ridiculously/insanely BLOATED pre-recovery--NEVER

So what do they do with that fact??? IGNORE IT, that's how they "think".Max
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