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

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To: Wyätt Gwyön who wrote (26809)2/20/2005 12:57:13 PM
From: russwinter   of 110194
 
Yes, that's what is tough about parabolics, as actually energy (and copper) still look like emerging parabolics rather than real mature ones. I'm factoring the Wizard's withdrawal of liquidity from the markets however, as I don't feel that is friendly at the moment towards reflation and Pinocchio effect trades. It's not friendly towards anything in fact. But the strength in energy stocks is like the market is already discounting that the Wizards are going to bring Uncle Ernie back out in short order and we will get a hyperinflationary flucht in die sachwerte. That could very well be the case, and if so then the USD could collapse very rapidly, along with oil spiking to $60, copper to $1.80, gold to $600, etc. If not though, everything will get routed, some things (financials, consumers) more than others (gold, and maybe energy). I'm trying like the Dickens to feel my way along the gator infested path, with both eyes wide open. Right now I'd lean away from aggressive longs.
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