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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: Ron Dior who wrote (18517)	6/26/2011 1:10:47 AM
From: ahhaha	Read Replies (1) \| Respond to of 24758

I'm bearish because market wide and individual stock ET flows keep declining. When they reverse I'll turn bullish whatever madcap DM is doing at the time. It's very close to making a solid intermediate bottom that would be worth at least a swing trade. A swing trade is defined as holding anywhere from one to six months. Maybe the market bottomed on June 13 and is trying to stabilize its downside while various ravings about debt keep hammering away. There is one very bullish development that escapes most. What have I harped about for years? Free market in money. That's what we got now. Temporary is closed. FED can do nothing. There's no monetary policy possible. FED can't interfere with what individuals will do. If individuals want money, they'll have to earn it by figuring out a way to increase units sold without the help of their neighbor's greed. If Congress can stop DM and the 'crats under a regime of de facto free market in money, then stocks would rise no matter what happened in Europe or China. That's all stocks world wide. This combo, right fiscal policy and constrained monetary policy, inevitably leads to higher corporate earnings. Like I rebuked mish five years ago about his dire warnings about debt the current debt issues anywhere are merely "sauce for the goose", as Spock would say. Debt does not matter. Debt is self correcting without consequence to economic activity unless nations feel they must punish themselves by accepting austerity to theoretically pay down debt. Austerity is socialism talking. Less is better thinking. One has to be free to earn one's way out of debt, not accept tyrannical oppression to concede a thin slice of old moldy bread and thereby look as though debt is being paid. So mish would be right if the people want a double dose of socialism.