The Stock Market is UP! Is it a “WhoooHoooo!”... or a “So What!” ?
The nobheads are going to be going in to over drive today and maybe even for the next few whiles…
Why?
Because the stock market is up, up, up… The DOW, S&P and NASDAQ are up are up to a Two Month High!
I heard today that we were in a “full rally” mode, that the fundamentals were back in place, that everyone even the “Joe” (stock broker talk for a complete investor moron) on the street can see that the DOW companies that are down 30% are under valued.
This is just stupid talk by people who get their paycheck from people buying and selling stocks.
The truth about it… there is NO VOLUME!
What does that mean? It means that you do not have across the board movement… it means that you have a few BIG institutions making moves but not much else.
What is going on?
This happens EVERY YEAR!... if you watch you see the very same thing over and over and over and over again…
Kind of like how salmon will run up stream, birds fly south, farmers plant, and everything else that is done on a seasonal basis…
Companies need tax write off for the year and sell stock that are down between November and Dec to write off the loss… and then buy them back 31 days (or more) latter because they know (or think) they are undervalued. (They need to wait at least 30 days because if you sell a stock and buy it back a short time later the government will not allow you to use the sell for tax purposes)
The stock market in not closed yet… but today is the first trading day for 2009 and it counts… it will go into the records.
My closing observation…
The stock market nobheads are like magicians on a stage…
They get you to focus on some place other then where the action is really happening… they are MASTERS of misdirection.
And again…
Do not trust me, do not believe me, totally doubt me… do your research and prove me wrong!
By the way… about GOLD…
GOLD is not a commodity (but you can take advantage of people who treat it that way) … GOLD is a hedge against when all hell breaks loose.
By the way… Take a look at what happens to countries (in modern times) who go through a severe economic down turns (American media might tell you that Slovenia, Croatia, and Bosnian are all back water, low brow, technology disadvantaged countries… but those of us who do our research know the truth) after the government has lied and manipulated the media.
It’s not pretty.
Sleep well, Dream safe
Be well, Be safe
Uyetsga Adaya
Wade
By the way… keep your money safe… check out my e-book on my web site www.offshoreebookworld.com
Friday, January 2, 2009
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