The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wade who wrote (1827)	11/4/2003 2:58:03 PM
From: russwinter	Read Replies (4) of 110194

I think it's some battening down of the hatches to protect the USD for tomorrow's Bank of England rate increase. I think the Fed is tightening some. It's amazing to see the stock market continuing to levitate through a severe slowdown of money supply growth, some very poor October consumer news, and now a Fed draining operation. We should be cracking here. Maybe CSCO earnings will be the catalyst, except they are known for book cooking, and playing with earnings. If not, the BOE move could do it. If not, well there's plenty more coming. Call buyers have been relentless over the last week. There is no such thing as a bear (who will put up his money) anymore. cboe.com

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