I have been shamed as part of a select and limited group of conspiracy theorists who believe that the markets have been and are now “manipulated”. It has given me the confidence to be long some more speculative areas of the market but I’ve mostly kept to stocks that can fundamentally “hold their own” in any environment.
Now, officially, even Mainstream Wall Street Strategists postulate the import of the Central Bank stimulus in the market’s current price and that future price appreciation depends on more stimulus. What is most amazing to any student of market history is how perfectly effective the closed loop, free money stimulus has been.
What is even more important than funding the market’s boomlet is the ability to create the source of government deficit spending. If the government is truly the “Last Marketmaker”, then its needs are paramount.
We are warned that it will all end in disaster and tears. When? Best Guess: Any day now…Or perhaps just after April 15th.
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More likely Nov. 15th.
Remember how the year 2008 played out?
Smarter people in power this year?
Hey, that’s my birthday!
it seems i remember 2008 as stating a decline in jan, and continued thru oct, this jan was all bulls,no?
i think sometime after the elections. We will probably correct 5-10% before then, but, barring some catastrophe, that correction should be bought; but regardless of who wins the elction, between Nov 2012 and the 1st quarter of 2013, the markets will fall hard.
Kids and you Bliuer, Yes you Scott. Stocks go up because there are more buyers than sellers period. Keep trying to complicate simple stuff.
There cannot be a buyer without someone taking the other side of the trade.