You know, when "hair stylists" are driving $35,000 or higher cost Lexus SUV's, basically the world is jacked up.
Easy Money, Greed, Corruption. "This" may not end for 4 years, or a decade, but reality will set in, and for those convinced that the good life is here to stay, or "waiting for the economy to come back"....well a harsh dose of reality is probably all that can set them straight.
i'm guessing here.
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Seems like a long time to wait for a 15% move in a era of unchartered risks to the downside.
ReplyDeletesomebody ask me to compare US qe1 To Eu qe1, at the time i thought it was a good idea. i don't see how it gets that high, not on the current rally time frame.
ReplyDeletei've had trader's block all day. i finally got un blocked and came up with this conclusion.$OIH 135 ceiling again (resistance), looks like.. which means $SLB won't be using up all of it's 2012 target price on this current rally, so 82-83 is it's short sell price.
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