Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Crimson Ghost who wrote (24132)	12/23/2002 3:55:20 PM
From: nspolar	Read Replies (1) of 36161

George, bonds are an enigma to me. I can't read them very well here. Neely made some comments on recent EW charts, fwiw. aegeancapital.com I don't see a big sell out however, not yet so I'm not totally in Neely's camp. Right now I feel we are probably going down deeper in the economic hole before we start back out. Even though The Fed is trying to pump this thing up, and maintains it has lots more ammo, maybe they have a hard time hitting the target. Or maybe they do hit but it does no good. Business as we know it is still in contraction mode, and we haven't had the double dip yet. Really haven't had much of a first dip either. IMHO.

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