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

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To: GST who wrote (57099)3/29/2006 3:46:14 PM
From: shades  Read Replies (1) of 110194
 
The philster is saying right now that this market reminds him of 87. Commodities going up. Interest going up from 7 to 10%. Dollar going down. He said it sounds a lot like argentina 2000 too - market crashing because everyone demanded higher interest rates. The 10 year being so high seems like a precursor of bad things. He said get ready to short the utility stocks when the spiders go back to the 200.
He is shorting the dow and the nasdaq.

He said if it wasn't for China - Bush couldn't turn on the lights in the white house he would be so broke - HAHA!

He said that 70% gdp fueled by housing is OVER. The broke consumer is finally finished.
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