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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Bull RidaH who wrote (183294)7/25/2002 12:23:50 AM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
<<Unless you see immediate follow through with closes above 112.xx hui, this near 20% bounce (from today's premarket prices) was a gracious gift to the stranded longs. The appears to be an enormous debacle in the making.>>

I could see that happening IF the deflationary collapse scenario comes to pass. Let's hope it doesn't...cause if it does, look for 10 year bonds to go to 2%, unemployment to go to 15% and gold to go to 190/0z or lower. Also look for major bank failures due to debt defaults. In short, it's the "Japan Syndrome" (they oughta make a movie out of it or something)...I'm keeping my stops tight, but hope we just pop through 112 tomorrow...<NFG>

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