[RoninLB]

I can't keep track of the millions of little afflictions. I need the big picture so I can call crap as just bumps on the road. That's easy for me to say as I'm not a player in the in/out scene. The only thing that would bother me is if I saw a trend to anti free trade. I figure I'd have a long time to confirm my beliefs as it's really not on many people's radar screen especially if they are in/out guys. It'll be the invest & forget guys that would probably take the investment beating on that one imo.

I do love following all the afflictions and trying to understand the money flows. I just can't pick today's horse winner. I put $ in a Fidelity Select Tel fund then Congress allowed it's regulators to crash that market years ago. Currently Reg policy has been changing in favor of a strong Tel market but not sure if it's good enough? I was just saying to myself that Congress will quickly fix the Reg's policy because it's such an obvious situation.. like it's not hard to discover you have a flat tire. Congressmen should only be allowed hire Wall St vets when it comes to financial policy issues. If I had more brains my in/out money could have generated 25-100% over the past years instead of being ahead a little itty bitty bit.

The latest bs is that their may be a dismantling of Mutual Fund independent Chairman/whatever by Congress. The Fed Regulator, SEC/ i think, is being overturned. That's an event imo as a reflection of Congressional policy. If this works out then Congress seemed to be acting pretty quickly. Mutual fund market impact is probably the most efficent machine I can find and it's what I call great liquidity creation available to all of us.

Currently beyond what we all see financially is the elections. I'm figuring the elections is an unknown to markets. I have confidence in Fed Reserve policy management and so I may have to adjust to the possible election impact. That's what market liquidity is all about. If the progressives jam Congress & Pres just because they've won control of Sen or House something will eventuall become vulnerable. Who knows what will come up where Congress has to manage. For instance the progressive populist policy groups isn't about to allow a free market in mutual fund liquidity if they can fix it for the "common man". If the Fed Reserve says they don't need an independent Chairman that should be the end of the story.

Major world wide market and economic policy adjustments will allow a huge jump in wealth to happen. If you buy into the idea that historical growth moves exponentially then you buy into the idea of huge profits available.

If I'm correct the in/out guy will be king.