and then break out to all time highs like we saw this week,
In the S+P 500,
you just gotta wonder what is the f.. is going on.
If you can't count on tried and true patterns,
resolving themselves in a way,
then you're toast as a trader, and the probability of losing large amounts of money
is greatly increased.
When patterns continue resolving themselves bullishly, that makes their" impact" almost doubly important.
This bull market continues to confound the shorts and put buying skeptics
by simple mauling them over, and making them pay where it hurts the bears the most.
It just makes you wanna stop this whole madness once and for all.
And perhaps take in a baseball game at night, and have a hot dog with everything on it.
That's about the only thing that might make me feel better..., after a week like this/
Woods of Connecticut
Once the truth is realised, and the masses wake up...then the cabal will act to quell the dissent.
Another leg up which could take until Autumn to finish, then an array of chaos as the experiment goes wrong.
NEVER TRUST A GOVERNMENT. READ HISTORY. ALL GOVERNMENTS ARE OWNED.
In a zero rate world of infinite printing, even when it is obvious to a 3 year-old that the economy is steaming away and inflation arriving in spades, financial markets will go up and up until eventually the Fed changes tack.
Is is now very clear that the Fed will never take pre-emotive action because they are in the pocket of big business and private equity etc. It is not in any of their interests to change this free-for-all. No, we will have to wait for the disaster to actually happen. It will be like that lorry load of fireworks which exploded recently when it finally does. And then everyone will wonder how it was ever allowed to happen.
But until then folks, we go UP UP UP.
Am I going to buy it? No. I will wait for the lorry to explode.
But waiting is hard and the baseball game holds better prospects for entertainment in the meantime.