Yah, well I've seen plenty of no volume rallies occur after downtrends (intraday) that make you absolutely positive the rally is just a pullback before more down, but the f#ckin' thing just keeps inching its way up, until gradually, you have to scream uncle and either cover your short, or buy, while still cursing. IMO though, we need to wait for TARP to be finished towards mid to late next year before we see another big sell off.
What unemployment rates? Oh do you mean those 10% of the people that are on an 18-month PAID vacation?
this is basically "Aluminum Foil Hat" thinking. The market does what it does. Those who try to manipulate their currencies or the markets or oil or gold or other things, will eventually get steamrolled by market dynamics.
There has been a lot of this on the board the past year or so. More people with an axe to grind then are interested in discussing the technicalities of markets and economics.
Always amusing to see detractors think their knowledge of the financial world, as it pertains to control, encompasses even the elite. Boneheads. The OP is correct.
This is crazy Government prints money thrown around to whoever needs it, everybody is happy and back to where we were before the crisis. There is still no signs of inflation or debasing of currency for many months after printing so much money This is impossible What am I missing here?
All trends start with minimal participants involved or they could not start. And end with the most or the end could not come. All trends are transfers of wealth. From the ignorant to the smart. And so it goes forever and ever.
Monetary supply dictates inflation takes time for the masses to absorb (become addicted to) the greater M3, thereby delaying the observable symptom of inflation. Inflation is not the disease, it is the symptom of irresponsible M3. With Greenspan's printing press policy, even before Bernanke put it into overdrive, we got 50% inflation from just the last seven years alone. Forget about CPI, it's bogus, as is the new UI ala-Clinton. What you are missing is this market is being played. You are correct in your conclusion that something is very wrong.