Jim, just as I posted a short while back,
"Markets worldwide are on a razors edge the next few weeks, a synthetic no-man's
land.....synthetics/derivatives are something I am writing a research paper about,
in a few weeks I will post some of my thoughts, which might shock some."
Message 16012695
I also said things would get worse before they got better, looks like interest rate cuts ain't doing the job, what does the FED do now, when they are just about out of ammo?
I think a weaker dollar is in our future, and that will be bad. The problem is, every other paper money is just crap, so we still win by default. Look at the Euro, total crap, the pound, same deal, and Brazil & Argentina are going to need many more $billions, soon.
Could the dow, ndx, spx take out the spring lows? That would be healthy, Imo...
"I still hear some of these street analyst people saying now we will see the recovery
in the 3rd & 4th quarters.
I think they need to realize this year is done, and they may end up selling used
Ford Explorers in the Bronx.
Sure, we will get some nice tradeable spikes, and the flipside troughs, but a new
bull market? They must be nuts.
So, just trade what the market will give up..."
Message 15970901
ORCL failed to take out $20 for 4 days, so I had to reshort it....
And while the big caps get taken to the woodshed, many of the Rats are doing well, some very well.. |
