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

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To: russwinter who wrote (42658)9/29/2005 11:15:26 PM
From: ild  Read Replies (5) of 110194
 
Greenspan raised short term rates 275%. Oil has been over $60 for a long time now. Gasoline is even more expensive. Greenspan said he was targeting speculation in RE. Interest rate curve is flat. Credit card delinquencies are raising. Two huge hurricanes destroyed significant portion of America's oil/gas industry. New Orleans has become a swamp. Natural gas is over $14. There well may be a shortage of natural gas if coming winter is bad. Mutual funds have no inflows. How come the market hasn't taken a notice?

Bulls are fuming about coming X-mas rally and huge 2006 GDP growth, but I feel like it's a major poot buying opportunity with the VIX that low. The problem is that I've felt like this about 50 times already this year alone. -ng-
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