Tuesday, November 04, 2008

CHANGE IS COMING

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It makes sense to me....in 2007 the selling lasted into JAn....OCT good month for lows even if ST.....so that is a potential,.....FUTURES BIG GREEN like a FED meeting day.......change is being sold (bought) LIBOR coming down....though corp spreads not so.....been QUIET on the banking crisis front

OBAMA WINS IN ONE OF THE MOST LOPSIDED ELECTIONS IN HISTORY (tomorrow's headline)

SO do the DEM's up for election......voters outing any BUSHITE with stench of IRAQ, CHENEY and STUMBLING ECONOMY.

I think we have ST setup for a ST top here TODAY! and like FED meeting day after brings REVERSAL when REALITY (1% rates or whatever) (OH G=D OBAMA WON) strikes home.....and he has talked of "SACRIFICE" " THIS WON'T BE EASY" SOCIAL REPOSITIONING......FEAR SPREADS OF REPEAL (tax rate back to reagan era?) of BUSH TAX CUTS (how else is he to PAY for new socialistic programs?)


He has said he will broaden war in AFGHAN....where no one has ever defeated their forces....in the mountains

Pulling out of IRAQ creates CHAOS there...NO NET savings....as AFGHAN WAR SPREADS AND FORCES COMMITED

IS THE RECESSION GROWING? WHEN WILL THE MKT (has it?) DISCOUNTED ITS END?

L stats for THIS rally not yet too impressive......unless SELLING POWER SHEDS like a 500 pound man in a sauna.......

SO.....today's OOOMPH will be important if OOOMPH......OOOMPHS in this BEAR have been sold.....but CHANGE IS COMING...

No need to guess it will show it's hand soon!

D

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