Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Moominoid who wrote (53429)	7/15/2006 5:13:57 PM
From: YanivBA	Read Replies (1) of 116555

You are right, of course, I jot sloppy. The 17 is "Ocean Day" and they made themselves a bridge over the 16. Nice for them. Strike everything I said about Sunday. Who knows where we will be by the 18? As for the NDX I feel it only has one way leadership. And that is downward leadership. People hate that index. You give them a reason (like backdating) and they will happily short it for revenge. It is oversold but still - be careful. BTW I saw EEM finished in the green yesterday, and there was a report on money flowing back into emerging markets. Here it is: bloomberg.com It seems people still love the story about how the poor outruns the rich (in the brave new world of wage arbitrage). Don't talk to them about liquidity contraction or expansion, what's love got to do with it? YanivBA

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