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No Way to Spin This-The Market is Going Down into Christmas


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#1 linrom1

linrom1

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Posted 19 December 2011 - 01:59 PM

There is no way to spin this. Despite global liquidity pools that should favor stock buying, the market tanked going into Thanksgiving: it's now tanking going into Christmas. The capital flight out of Europe should buoy US equities, this is in fact, the key reason why Martin Armstrong is bullish on US equities for the intermediate future; but, so far this is not the case. Aside from the global banking cabal pronouncements and promises of infinite global pools of liquidity, this market is just as tired as it was in 2007. If they print(or promise to do so), the market is going up, but again, markets tanking going into Thanksgiving and Christmas is so unusual that when it happens, the outcome is usually at best severe economic downturn.