Wax on. Wax off. Generate brokerage fees and skin the small speculators.
The fundamentals continue to deteriorate but volumes are so light its a shadow puppet market slithering into the end of the month. Sell in May and go away.
Unless Ben has the guts to ignite a serious inflation this market will go back down to test the lows before the end of the year. We *might* be in for a long hot zombie summer.
It is interesting to watch these US financial markets on charts which have been deflated by some other measure of value such as gold or silver.
