Hot Air

Todays stock trading volume was less than 50% of its 2004-2007 average.  Updays versus downdays now exceed all laws of gravity and in the meantime the public is gradually selling out.  To me this is a market controlled by the government with a view to holding up 401 K positions so that the public can feel at ease and the President can get re-elected.  I have held my FAZ even though it doesn't usually pay to fade the unlimited sums of money that the government can print to hold up prices - infact at some point stocks will go up because the government has printed so much money as a function of their inflated assets.  Gold and silver are ready to pop but that probably means a big bear raid by the banks on Monday or Tuesday - the next drop may well be the last buying opportunity.