The country is in debt and the Government's revenue cannot cover the current
debt. In other words, the cash outflow is greater than the cash inflows, so
we have a Liquidity Contraction situation.
What's ironic?
The ironic part is that the Stock Market now has its Long Term Liquidity flows
in Contraction territory as you can see on today's chart (this chart is updated
every day on our paid subscriber site).
Back in the 20's and 30's, it was Jesse Livermore who commented that the market
was all about money ... Money flows in, and the market goes up ... Money
flows out, and the market goes down.
So, it is one of the reasons we track money flows ... and Liquidity Levels
are now in Mid-Contraction territory which is a dangerous place to be,
and a place where Congress will be punished if they don't stop fiddling
around.
FYI ... An interesting commentary from Wikipedia: "During
his reign, Nero focused much of his attention on diplomacy, trade, and enhancing
the cultural life of the empire... He is also infamously known as the emperor
who "fiddled while Rome burned". Maybe Congress should stop fiddling around?
Marty Chenard is an Advanced Stock Market Technical Analyst that has developed
his own proprietary analytical tools and stock market models. As a result,
he was out of the market two weeks before the 1987 Crash in the most recent
Bear Market he faxed his Members in March 2000 telling them all to SELL. He
is an advanced technical analyst and not an investment advisor, nor a securities
broker.
StockTiming.com is dedicated to
Stock Market Investors who want the best information on stock charts, stock
market trends, stock market timing and technical analysis.
Be My Guest and Take Advantage of Our Free Membership ... Get a Free
Membership to StockTiming.com ... Youll receive important daily messages before
the market opens and direct links to todays important web pages. Information
and messages that are often not posted on our website. There is no obligation
or expectation on our part ... it is just our way of proving our accuracy and
timing expertise to you. Please click here for your Free
Membership.
Circle Us