Really, who cares? They are back anyway. The DTR in yesterday’s posting finds relevance only among market soothsayers who think they can defy the investment advisors claiming: one cannot time the market. Conspiritists make good contrarians. As such, I hold that the advisors only preach that dogma because they can’t. Liquidity theory holds that there exists a statistical correlation between Federal Tax Receipts and market movement, when viewed year over. It is fun to watch, and sometimes it helps with a timely decision. It works for me. Yesterday was down 4% compared to 1/5/4. Month To Date blows out MTD ’03 by 22%. YTD, that’s since 10/1/04, has grown 9.5% over last year. http://www.fms.treas.gov/dts/ In a perfect world, the increase in the Dollar against the Euro would attract some foreign capital as well.
The Devil promises a utopia of worry-free egalitarianism beckoning you to an Orwellian hell of despondency. Its a matter of giving or taking. Work for your family and community supporting the common good, or take from the wealth of those who produce and promise benefits to those who do not and those destroyed by the theft of their own creation.
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