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)
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)