Monty; This Guy is all wrapped up in his own thing, while he may
have noticed that yesterday's rally, which was engineered through some mysterious, I think that's all he got right; ; futures
buying may have had some to do with it.
And maybe he knows about the 300 page report, but what he don't seem to know, and don't want to admit is that Clinton has several ways to push this thing on the back burner I doubt seriously any impeachment will happen, many have tried such over the years but it's a rare thing for them ever get to congress.
Any way in the bigger picture the market is not really moved this
way except for some knee jerks that at best get the ones who play
on it wiplashed. This is like fitting data into the curve,
and saying that is what did it. You can always be right if you
hunt and pick and choose the data that will fit the curve.
It's a form of Artifice not a lot different than the radicals who
read scripture and fit this with that to predict the end is
going to be on such and such because the great bear means
so and so..and the some other esoteric term of the time , means
such and such..they are all just a little more crazyer than
average.
Did the market crash and burn and go into a huge BK and bear
state after the JFK assassination. Heck no it bobbled over the
Cuban thing which was real serious..but it was not long before
it went on up. Of course had it crashed then the JFK assassination
would have been blamed.
No matter if it does crash no one will ever get me to believe
that a president getting impeached ( if it were to happen which I
seriously doubt ) would be the cause of it. That's like some
superstition , as you can look at times when the office was
won by a land slide and find it didn't cause it to go up
either. Heck you can see it in indivdual issues, many of which
go up on bad news, and down on good news..there is more behind
the market than the news we get.
Most people will believe what they want to see, but
if you check things out the real cause and effect is often not
what the pundits recorded as history.
Jim |
