With all asset classes being driven up by POMO in the last 2 months and accepted by Ben, i am not questioning any type of analysis in making buying/selling decisions in equties anymore. I mean, it is public now that you just front run the fed and make a killing. And fed accepted this. It's like a free grub. So again, i am not sure the sentiment/technicals/fundamentals/economy, any of that matter anymore.
Just wanted to update my WOW chart once again. We are now in an LT/MT/ST bear market that was confirmed about a week back.
Latest -> http://lh4.ggpht.com/_nWni2LcWFe0/TNy0OqblPxI/AAAAAAAAAJQ/GV9Xv0Bs068/s640/wow1.png.jpg About 1 week back ->http://lh6.ggpht.com/_nWni2LcWFe0/TMjhWbr8ryI/AAAAAAAAAI4/McPawHVtfBM/s640/wow.png.jpg
Regardless of all the omens etc, this has proven absolutely correct in it's predictions until now. Let's see...
With all asset classes being driven up by POMO in the last 2 months and accepted by Ben, i am not questioning any type of analysis in making buying/selling decisions in equties anymore. I mean, it is public now that you just front run the fed and make a killing. And fed accepted this. It's like a free grub.
ReplyDeleteSo again, i am not sure the sentiment/technicals/fundamentals/economy, any of that matter anymore.
Thots?
"When it is obvious it must obviously wrong" goes the old saying.
ReplyDeleteThe 'Pomo Ben PUT' seems like the sure thing and this is exactly when the Sentiment is close to the potential tipping point.
Just wanted to update my WOW chart once again. We are now in an LT/MT/ST bear market that was confirmed about a week back.
ReplyDeleteLatest -> http://lh4.ggpht.com/_nWni2LcWFe0/TNy0OqblPxI/AAAAAAAAAJQ/GV9Xv0Bs068/s640/wow1.png.jpg
About 1 week back ->http://lh6.ggpht.com/_nWni2LcWFe0/TMjhWbr8ryI/AAAAAAAAAI4/McPawHVtfBM/s640/wow.png.jpg
Regardless of all the omens etc, this has proven absolutely correct in it's predictions until now. Let's see...