Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Rarebird who wrote (73247)	5/26/2006 12:48:15 PM
From: Real Man	Read Replies (2) of 94695

I agree. As I mentioned, we don't have an opinion, just buys or sells that follows the market. My opinion is that it's the Fed that held this market together for now 4 years. Without that support the market would have crashed years ago. Put buyers can win, but the Fed ensured they don't by adding liquidity when needed. Can it continue? Sure! Why not? But we'll have a sell only if this market breaks the recent lows of a few days ago. Since the buy worked, there will be a target price then. -g-

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