Jam the Shorts

Jam The Shorts 7 9 6

Friday’s market was frustrating.

It went down when it has every reason

to jam the short sellers.

I still feel that we are about to have a huge rally

that will take us to new highs.

Interest rates should stay flat now

towards the end of the year

and then a possible easing.

Interest rates fell on Friday showing no inflation fear

and more fear of a slowing economy.

This is why the dollar was weak.

We have to have a strong economy

to keep the dollar at least flat from here.

The Fed governors need to pause and let government revenues

continue to be strong to lower the deficit.

That could support the dollar without higher interest rates.

Alternative energy away from oil will ease inflation pressures

and soon car prices could fall due to China

entering the market and robotics being used more.

If computer power can have prices fall,

why can't an automobiles price?

Labor was the reason for higher costs, but that is changing.