Thursday, June 29, 2006

 

wallstreets ignorance strike again

i remember a day in april when mr.b said 1 thing,,, the media and cnbc 'translated' and the market rallied big.thats when i got my families/friends 401k etc into cash. markets didnt re-listen/read what he said until he made the direct statement to maria something to the effect: no the markets re-acted wrong to what i said.



basically, wallstreet has taught people to ignore the actual words in favor of a tie (or suitcase in greenspans era) until a pretty face tells you otherwise.

housing/re bubble (all classes) next is retail bubble,, tech is starting to show us this NOW,, PALM (revs=sales= people at the checkout)





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