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

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To: Mike Johnston who wrote (86229)9/13/2007 1:52:00 PM
From: westpacific   of 110194
 
Markets take time to top out......roll over.

What I read here today is so hyped out and speculative. Dollar going to crash, stocks going to run 20%.......

Currencies are beasts and very hard to predict, ask any currency trader.

Right now we are seeing a working off of the oversold into another Options Window.

Nothing more as of today. Also today a big holiday for many on Wall Street, the New Year. So this rally means not much for now.

Lets see what happens in the days ahead. This is a news driven market, we have had no news. Most likely tons being hidden off balance sheet.

Semiconductors and Small Caps parked today. Very narrow rally.

West
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