ROFL....hahahaha..the whole civilized WORLD???? hahahahahaha
LOL>>>>>>> i've fallen and i can't get up...
well heck BB...i have this technical(LG) prognosis...
slam, big slam MON into mid afternoon, slow rally begins, and then we pick up steam thruout the week, for a 50% retrace back up...on all indexs..ALL....
then"""...hmmmmm, the street starts thinking about AG & the FOMC only a bit earlier than normal<g>...like 2-3 weeks early...
and they sell it back down to test, what ever lows are set this next week...
without predicting AG's next move...this event will trigger our next trend...if he raises...lookout below....
but i am guessing this correction will negate his next hike...i lived the 87 crash senario...that was no crash, BB...it was one hell of a buying opp...
now here...we got scaredy cat people like me, running around the asylum....that ain't too good<g>...
us stoopid spekulators can reeek havoc with others...so the big boys tend to watch us nuts like hawks....<G>...
anyway...bounces always occur, just like selloffs..
i have posted my peramaters for Mon into Tues....
what really could send this market into a bigger decline, is if AG wants to raise 2 more times...the street's forward looking attitude will see a serious profit decline and stay away from everything...not a very good situation...
i've said twice now...i doubt AG can orchestrate a soft landing here..what with all the excessive crazies like me out there...he would have to come down hard..and that my friend, would not be good for any of us...NONE-ZERO-NOONE...
i remember the reccession from 89 to 92..it was not a laughing matter...and that 87 so called crash was the leading indicator of that reccession, and SO IS THIS....i just wrote the other day...this is a precursor to a mild reccession, maybe 12 months or so down the road..maybe a little more...
if rates move up any more..he'll bring us to our knees...a bad bad event to be sure....
oh heck we'll all survive...but it sure won't be like it used to be...
people got hurt bad here...hopefully everyone did not or has not panicked out yet..there's plenty of time for that...
i wish no ill will toward anyone..what ever their age...but the small investor/trader has to feel this pinch..has to...
so well see Bobby..it's all pure spekulation...nothing more, nothing less..
i can say, it's gonna be one heck of a week...for sure.. |