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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TH who wrote (104528)8/20/2009 5:42:10 PM
From: saveslivesbyday   of 110194
 
TH, I suppose the markets will decline when it looks and feels like a true recovery to the majority.

Don't ask me to judge when - I'm not in tune with the "bullish vibes", it just looks ridiculous to me
that fund managers are being paraded on TV saying that we're going to new highs from here.

Now that Roubini and other bears have capitulated, it would be even more surprising to the media folks.

The 5% drop in China 2 days ago was the kind of wobbling that often occurs at a transition point.

I wouldn't be surprised to see China lead all the world indices down substantially.

If all assets deflate simultaneously, it might not have as drastic effects on currencies, so
the dollar can drop and people will continue to pile into US treasuries, while the markets are in free fall again....

I can dream, can't I? -g-
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