In my view, the DOW "activity" is just the markets way of saying "we want a rate cut"...they will get if they sell it down and they won't if they don't.
Anyone who has traded with serious funds knows it is possible to knock a market down and still makes money...so why not "make money"...AND...induce a rate cut from the fed?
Lets see if I am right.
Meanwhile in the land of OZ, Dorothy Woodside clicks her magic red shoes...
...and up pops $45b to be added to the economic bottom line over the next 10 years, above and beyond all the other goodies we can expect to see on our little yellow brick road to Chindia.
Little do people realise however, Dorothy's shoes are not red with glitter, but blood of dweeb entrails, as they fold themselves inside out at her feet in a fit of dweeb panic.
The end!
Cheers!
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held