As the World Turns.. Japan Up, Asia Up, Europe Up, US Up
the Japanese whispered to the SKorean ".. the Dow only goes up!" the SKorean whispered to the Hong Kong ".. Dow only goes up!" the Hong Kong guy called Germany and said ".. Dow only goes up!" the German called Frenchman and said ".. Dow only goes up!" the Frenchman called Englishman and said ".. Dow only goes up!"
Globex SP futures up 430 Globex Naz futures up 1140
the American scratched his head and mused. ".. Garzarelli says 9500, Acampura says 10000, my barber says 10239, my mechanic says were over revving, my banker says he just got laid off in another merger, my broker says there's no inflation, but all the money that's in the market just got 11% more valuable in only 3 months. At this rate 22% by July, 33% by October, and 44% return for the full year!"
Meanwhile, in the privacy of his billionaire mansion, ostentatious dress code fighter Warren Buffet is uneasy...
Meanwhile, across the street from Buddy (the soon to be neutered dog), inflation fighter and Federal Reserve Chairman Greenspan pondered late into the night and early morning the cost of success.
... to be continued.
Jim |