Sorry About That Sugar High.

Unfortunately, a lot of you wouldn't know the NASDAQ bubble if it smacked you in the face. It makes daily new highs while the S&P and Dow make far lesser gains. What does it mean? Frankly, that Tech will be the last pillar to come down and ultimately roll over.

The economy is dead, period. Capitalist markets are all about income statements, balance sheets, debt reduction or elimination, growing revenue and solid and increasing quarterly profits. We have none of that now. 

I don't know which is worse, a Fed that prolongs a sugar high by printing counterfeit money thus delaying the inevitable and ensuring the increased ferocity of the downturn, or a Fed that finally largely pulls the plug now what with successive days of tapering -- bye, bye, nightly injections of countless trillions to prop up already insolvent banks in a repeat of 2008. Either way, large cap and dividend stockholders are about to lose big time.

So again, get the hell out of the fucking markets and thank God for the profits made. You did that during a market cycle with wildly and totally unacceptable risk for large-caps. Remember that only greedy pigs hold on to the bitter end and get burnt every single time.

The Fed has finally bowed down to reflect reality and is serially tapering the sugar high with each passing day. That will take the market down and it will make 1929 look like a Sunday picnic. Foolish speculators going forward have to be right every single trading day but the crash inspired by disastrous debt, deficits and an inexistent economy only has to hit a home run once.

We're talking Depression and it's coming far sooner than later. Only the incredibly economically deluded can't see it on the horizon.