SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Giordano Bruno who wrote (338007)7/7/2007 6:27:04 AM
From: Real Man  Read Replies (1) of 436258
 
Good question. Before I load the boat I borrowed from Mythman
with puts, I'd like to see the dollar break 80. Rates have
already broken a very long-term trend line to the upside. So,
the currency break when it happens will cement it. The lack of
liquidity can push the market lower starting Monday. It can be
eliminated by the Fed with just one coupon pass, so I expect
them to start printing. I'm not playing Russian roulette game
with the Fed anymore - the stock market will melt up once
they print, and they will. I have a sense bears will have
to wait for a while longer, and maybe endure some 99-style
meltup in stocks to create the disparity between stocks and
bonds last seen in 2000 prior to the bear market. It does not
exist right now. FWIW, October is a good month for crashes.
Another 87 similarity - the 4-year cycle did not bottom
in 86, as it should have, it ran 5 years. The same thing
this time - we did not have a 4-year cycle bottom, the market
just keeps running, and this is the 5-th year ending in "7" -g-
If the similarity continues, we'll see a top in late August,
then crash in October. -g-

Here is a catalyst for a melt-up, from Doug Noland this
week:

"The number of outstanding NASDAQ shares sold short in June
was up 37% from a year earlier and 28% higher for the NYSE.
Over the past six months, short interest has expanded at a 65%
rate at NASDAQ and 58% at the NYSE."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext