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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (61488)12/14/2002 2:20:19 PM
From: Real Man  Read Replies (1) of 94695
 
We are a bit below max pain level now, and the markets are very oversold short term; dollar support is 103.5, I don't expect it to pierce it without a fight again, and a dollar rise usually coinsides with reduction of credit spreads, stocks going higher, bonds lower. The dumping of stocks had to happen, but now it's a bit overdone. Not a lot overdone, though, so I'm not 100% sure, as always -g-
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