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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (334184)4/24/2007 1:16:36 PM
From: Real Man  Read Replies (1) of 436258
 
End of the month after expiration is gold tooling time.
Every bear knows that. Stocks
may be allowed to slag a bit here, for the dip to buy later on.
They are overbought anyway, need to work that out, and
their next tooling time will be mid-May. They were already tooled
into last week -g- Ben needs his
full attention on the dollar, and the dollar bounce
is a bit bearish for stocks at this point, for some reason. -g-
It's probably cause Ben and others will have to put their suits on and parade
as big inflation fighters, just as they printed 7 billion in
the past 2 weeks. -g-/-ng- The market still takes that parade
seriously, so the dollar may bounce. At some point the market
won't take it seriously, then we'll have a BK. But right now
the dollar is at a multi-year support, still above it. -g-
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