Hyperinflation, Suspended Disbelief, and The Dead Cat Bounce
Monday, October 13th, 2008
The Federal Reserve has promised an unlimited amount of US dollars to Europe Central Banks. Uhh. Unlimited-unlimited? As in hyperinflation-unlimited?
Bond market closed today.
Commodities like gold and silver did not trade today.
On Columbus Day. So, what do you think is going to happen when the market opens tomorrow?
Stock market went up 900+ point increase. Wait, that’s not good. No one can short the markets. So there are no short-covering rallies. Wait, you mean that wasn’t a good day on Wall Street? You’re right.
Dead Cat Bounce!!
Run.
