Tuesday, November 02, 2010

DOWN THE HOME STRETCH

Years highs still in place for the SPX, but that can change.....it's still about HOT money finding a home....bullish polls at very high end, not too much fear like the FED actions are a written guarantee.

It is WELL documented what actions are likely, so its not so much going to be a surpirse. The excat language and amount of QE will be disected like the frog in biology in 9th grade....ad nauseum.

QE failed the people, sustained the big banks. QE 2 risks FED credability and other consequences besides it not working. US $ awaits, commodities await, Bonds await.......do you believe we can print our way to prosperity?

D

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