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: jimsioi who wrote (19915)	10/13/2004 3:52:52 PM
From: russwinter	Read Replies (1) of 110194

Ok, scenario time, you have the XLE breaking down, now mostly ignoring the move from $38 to $53, stockcharts.com[l,a]daclniay[pd20,2!b50][vc60][iUc20!Lf]&pref=G even as oil trades at $53. The MoP (either the US or China branch) comes up with some bogus numbers (inventory numbers tomorrow?) or other mystery horde/supply nonsense similar to what happened today in metals. Oil also does a quick drop to flush out specs, (and allowing plutocrat pirates and criminals to get ahold of some cheaper product). The XLE trades down to what, 33.00 support (bottom of Bollinger band), or even a little lower (a buy?), to really shake the longs up. Meanwhile back in the real world, the problems just keep mounting. Message 20636926 Message 20632985

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