CHAIN SMOKING

or NICOTINE WITHDRAWL?

It's ALL about the oil? Look for headlines in CNN or YHOO financial page for what isn't the causal factor of the day. They NEVER called me and asked for my quote!

Factory orders DECLINE AM DATA, Consumer Confidence slips. We are in that small window, end of month and first few days of month wise guy mark ups with positive bias, see what hay the market can make.

IF 2006 economy is going to be a dissapointment, the markets will see this some time in advance, be nimble, VERY nimble if long.

It's so much not about Katrina or quote of the day, it is about the ground under our feeet as I continuosly try to lay out the reasons for AVIAN FLU ECONOMY.

We have our booms, then busts, and the bottoms always look similar, only the past Bear bottom looked more like a top! The PAIN only delayed, many have used this opp to exit with their shirt.While the unawares lemmings stride closer and closer to the edge, when ONE of them jumps, you will see it in the VIX! This unusual period of LOW LOW COMPLACENCY is coming to an end.

GOLD PLUMMETS this AM off $5, where is the metals indication of inflation? TOO MANY dollars chasing TOO FEW goods? How about Too FEW dollars chasing TOO MANY goods, because inflation of the things we must have has ROBBED precious consumer spending dollars and taken US Savings rate down to Depression like ZERO!

LONG ago the US lost control of its destiny.......as 2 faced Greenspan is in complete denial of his role............and he continues to squeal a warning.

ANY inability of markets to rally and or volume to pick up on said during this PEAK bullish zone, will NOT speak good for the period directly after!

I laid out the history going back to 2003 in an earlier post

Duratek