Yesterday it was the metals stocks. Today, it’s Wall Street-related stocks. The Bullish Percent Index for a group of 41 firms tracked by Dorsey Wright went to 0% bullish.
Yep, 0.00000%.
Banks and brokers are going out of business, maybe as soon as this weekend.
According to investors, there will be no more Wall Street. We will no longer need financial intermediaries. We will all be required to do all our business and transactions on Ebay (government guaranteed, of course).
A free course on “How to Barter During the New Era of Thunderdome” will be coming to your local community center or local VFW.
Shit. Give me a break.
Another Costanza moment developing…..
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