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Politics : Am i weird or are the rest crazy?

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To: LTK007 who wrote (331)3/28/2007 12:52:54 PM
From: stormrider1  Read Replies (1) of 3244
 
Clearly 1725 is an area of strong support on NDX. We have a double bottom in that area that many are touting as a W bottom liftoff. I don't believe it and I think we're headed back to that area. Since I'm not a believer in triple bottoms I think 1650 NDX is the next line in the sand we're headed to. The question is how long do they drag this out till we inevitably head to that area.

If Bernanke is to sustain any credibility at all he will not lower rates for some time to come. The lower rate save us crowd is probably going to be disappointed.

Mike
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