298. Just Use Common Sense

Several more articles out there today agreeing with my last post re impact of Operation Twist on retirees and consumers. If you have been reading this blog from its start, you would know that I use my common scents, while my master uses his common sense and we together dribble out the wisdom in using common sense when there is no possible way to predict chaos. Predicting the economy and market fluctuations is an art more than a science. Psychological feelings govern the fluctuations. Let's face it: Bernanke does not have the confidence of the people even close to that which Greenspan had and the facts behind his moves are particularly sparkling. Both were/are nothing but just words in the wind; except for the oceans of money they printed that is now America's debt. So, be ready for another $$ blitz which will ignite the savvy who will realize that a short-term rally will happen -- not because something financially improves our outlook, but because most people will believe it will. Sad, but true. Then we will trip forward like drunken sailors until the wall in front of us that we didn't see smacks us down. Hey, play the game; just remember that the wall is waiting for us and is inevitable. It's all common sense.