Can't remember who it was or where I saw it, but I was mostly incredulous at the time, that the market would rise into this date as it has.
Well if this does turn out to be a "top" of any sort, that was one heck of darn good (and gutsy) call.
Just sayin... maybe someone here saw it, or has a post. Can't remember if it was here at TT, or somewhere else.
Anyway, this could be a turning point of some interest, particularly after we find that all is "well" now in Euro land, Greece has a deal, and the natives only torched a couple hundred buildings. Small damage in the whole scheme of things, and austerity is nothing new, as they've been living that for what seems like months now, with 25% of the population unemployed, and the rest in the government sector. It doesn't matter either than Spain, Portugal, Italy, and more are going into the chitter, as the CB's just paper it over, and have even found a way to never call anything a default.
This world is truly an interesting place these days, where cheaters, schemers, and liars are heavily rewarded, banksters that should be serving jail time, are instead living high on the hog, and every politician has zero fear of ever being ousted, because they know they have the corporations in their back pocket, along with a few million in change to fund their lavish partying, while the natives get sucked dry. Spend more, tax more, the natives love it, and the most they do is come up with tea parties and "sit-in's", otherwise now known as "occupy" your couch.
Obviously our faces are buried too heavily in our Ipads and Ipods to be at all concerned how heavily we get taxed, how high food inflation rises, and whether oil reaches $300 a bbl. Even the deficit, and national debt garners a big collective yawn, while the Vix shows a complacency that represents every american's attitude toward anything that could even be remotely "bad" for us. Cigarrettes are good, prescription drugs even better, fast food with high colesteral just the bestest ! Besides there is a pill for eveything nowadays, and Obama is going to pay for all of our medical bills even if we do end up in the hospital.
Why if you aren't reclining right this minute on your velvet lined chase lounge, and sipping marg's 8 hours a day, and occasionally checking your stocks via your Ipad, collecting your food stamps, and unemployment checks, in your foreclosed home you haven't paid monthly for over 2 years now, you clearly are just too stressed, and not with it !
Get with the program ! The Fed, Benny, Obama, Merkel, and the CB's have everything under control. This ain't no top. Dow's going to 20,000, and it'll occur before Obama gets re-elected by a landslide. Heck, if you missed it, his approval rating is back over 50. He's saved america and the world folks !
