The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: westpacific who wrote (62927)	6/7/2006 12:49:29 AM
From: westpacific	of 110194

One final note for now. DOW 10917 has to hold, if it does not we get see much more downside right now. Or we could begin the Summer rally as mentioned in my last post. If we are looking at the whole down move only taking 12 weeks - that would say a start in late August. So I expect some sort of June/July/August rally to start soon. For now we watch it, 10760 is major support (the trend channel bottom) and maybe we test this first ahead of the rally to come. Let the market call it. No matter how you dice it, risky market near term. Short or long. But do not listen to me, I am always wrong. :) GOLD - right on support, tons of it in this 630 area, and it has to hold. Also a big question mark for now. West

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next