I truly believe that this whole plan that's being touted is like putting a cheap coat of paint on a house before selling it. It looks good for now, but after a while when it begins to chip and fade all of the stains on the walls from the leaky pipes begin to show through. In the meantime the real and original problem, the leaky pipes, has now escalated beyond control and caused the very foundation of the house to rot and crumble.
Used to be that when these guys got on TV daily to spout their bull sh.. the market tanked, because the economy, indeed, was tanking. Such a pretty picture has been put before us, and everyone is so sick of the markets going down, that sheer wishful thinking and, of course, Government paint are keeping the economy afloat.
I just hope they actually have a long term plan, and change is really on the way. But I doubt it.
In the meantime, I'd like to be short SPY and long UCO, but I don't dare. I'll keep trading em as they come, and go, but it's starting to get old.
Watch this video of Adam Hewisons take on the S&P
http://tcp3.com/w20f
