something crossed my mind as I was watching CNBC and they are trying to compare the mkt now with past so called bubbles
and I thought I would share it with you.
The 3 Shmitahs
IN 2001 we had NO BUBBLE. Or did we ?
OUR vulnerability was burst , and just like Pearl Harbor, ALQUEDA woke a SPLEEPING GIANT
2008, we had EXCESSIVE BANKING irregularities in regard to Mortgages
BUT NOW, what do we have ?
AN EXTENDED MARKET ARTIFICIALLY PROPPED UP VIA QE and NEAR 0% INTEREST RATES for nearly 10 years
IMV- NOW THATS THE BUBBLE THATS GOING TO BURST when PRICKED by the INTEREST rate hike this week
IT OPENS the DOOR to more rate hikes until rates are more normal such as 5 to 6 %
as had been experienced for many years other than the run up to 16% to STAVE OFF inflation
THE BEST OPP FOR A VERY PROFITABLE SHORT POSITION
WILL BECOME AVAILABLE on THURSDAY just prior to 2pm.
SO KEEP YOUR POWDER DRY AND GET READY TO TRADE
THE BIG ONE IS STILL COMING TO YOUR BROKERAGE
ACCOUNT SOON ENUF