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

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To: russwinter who wrote (21666)11/12/2004 10:06:05 PM
From: westpacific  Read Replies (1) of 110194
 
No technical damage until 1253 breaks.

Technicals still showing no breakouts.

DOW 10800 ish on the other index.

Unless these are broken, look out below in 2005.

2005 to 2009 gonna make 1929 look like a party. Bounces will be meager, financial distress will be BIG.

No way to avoid it now, after the election results. Unless FIAT OFFSHORE money continues to support the averages (and that my friends is the BIG unknown, remember the FED can print credit now with a keyboard and harbor it offshore).

-----Expect a run up first, aka 2000 blowoff like. Dec into Febuary will crush the shorts.
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