FOR THOSE WHO GIVE A DAMN -
I have said this many times and I am going to say it again. THE MARKETS ARE MANIPULATED BY THE HOUSES!
The investor of today must realize not only are the markets manipulated by the big HOUSES but there is also a CASTE system involved. Just as Vegas has it's Big Three, MGM, MIRAGE, and CAESARS, the markets have their big Seven, Goldman, Salomon, Lehman, Bear Stearns, Morgan Stanley, Merrill and to some degree Prudential. So what does this mean? It means you can put your legs up and relax or run like hell, depending on what certain Houses are saying. If the majority of the above mentioned Houses are Bullish as they are now, relax and enjoy the ride. They own most of the inventory and they will not allow it to be destroyed. REMEMBER - The ultimate direction mover in the CASTE SYSTEM is the FED.
For those of you who are somewhat worried about the DOW at this point, put yourself in the shoes of the devout BEARS. The most they can hope for after sitting out a record seven year Bull market would be for another 87 semi-crash. Can you imagine missing ut on these fabulous returns waiting for a 87 correction that regained it's losses in THREE MONTHS.. Why did it correct so quickly, BECAUSE THE HOUSES WANTED IT TO. For God sakes relax and enjoy this Ten year Bull run.
The four stocks to own for the next Fifteen years are - AOL, WCOM, CISCO and EMC. Good luck! - You will not need it!
From the porch,
Voltaire |
