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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (81813)12/31/1999 11:10:00 AM
From: Lucretius  Read Replies (1) of 86076
 
LOL!! yea, 7 to 7.5 sounds about right but i think we could see it earlier than the end of Jan, stocks should reverse as the bond makes the final plunge here and then MELTDOWN as the bond finally rallies.... we must see inflation fear on the local news to confirm a bottom for the bond mkt; LOTS of inflation news next week, i think we get some every day.... ASA trading above NAV would also be a tipoff that the peak for rates is in for a while. shouldd get one more big run in gold andd its shares before stocks crash.

the topping here at new yrs eerily reminds me of the UK/China transfer of power in Hong Kong in July of 1997.... the mkt was ramped byt he chinese right into the chnageover and the bottom fell out there soon after... there's also the obvious Japanese parallel...
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