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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (65698)9/6/2003 10:49:39 AM
From: Real Man  Read Replies (2) of 94695
 
We'll see?

jsmineset.com

Trend lines broken? Look specifically at the dollar, and Euro charts, Jimmy's September 5 posts. Bonds sit roughly on support now. If that support is broken, look out below!
There are NO other significant supports.

It's Mr. Market against the Fed now. Will bonds trust the Fed? Will foreigners sell them when they see the dollar AND bonds going down? I guess we may get the answer soon!
They published direct foreign investment going into the US, and US is now #2 behind China, with about 30 billion or so per year. Well... That's down 10-fold from the bubble years.

Without foreign investment in the US treasury bonds, all that printing the Fed does will result directly in inflation and the dollar and bond market drop. I don't exactly expect stocks to outperform in that case, either.
Usually, it's ka-boom type of performance under these circumstances.

The credit market is hanging on a very thin thread, IMHO, BWDIK.

P.S. We could still have an UP week next week -g-
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