It's getting to the point where you can't tell which is subversive, intentional or acidental or who is playing whom without a program. We need an organizational chart!
One thing we know for sure: the market reacts to anticipation and the odds on the bets make the world go 'round and 'round. The futures markets are the casinos of Wall Street. It's just too bad these guys aren't clairvoyant or we'd all be rich.
Well, maybe not. The manipulation scares the heck out of me. There is still this nagging thought in the back of my mind: Is George Soros wealthy enough and smart enough to have brought the bad economic news that elected his guy? Or is there a group out there who don't leak their intentions/actions who really are capable of manipulating the economy of not only the country but the world? Um. Um. Um.
So the losses of the past few weeks have had many cause and effect scenarios, but the "leak" of the next Treasury Sec'y is enough for the Street to anticipate what should be good news and we watch the market ramp up. There's one thing for sure. We have nowhere to go but up and the scenario calls for all the credit to go to Sen. Obama. Is this that obvious or am I that naive? Doesn't everyone see it
God bless.
Friday, November 21, 2008
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