The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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From: stan_hughes	7/14/2007 8:24:57 PM
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Pride goeth before the fall -- mauitrader.blogspot.com This modest young fellow's latest entry following Friday's trading is entitled as follows: "Leading Stocks Help Take Indexes To All-Time And Six Year Highs; The Bears Who Continue To Fight This Trend Get What They Deserve" with an additional jab on the side bar: "It, seriously, doesn't get any better than this" Previous entries include comments like "the incompetent short sellers just don't get it" and "shorts continue to feel the squeezing pain of the bulls" (no additional comment by me required). One would think that someone who calls themself an experienced professional trader would be expressing at least a little bit of caution in an environment where "it doesn't get any better than this", if for no other reason than the inescapable corresponding logic that assets are currently being priced for perfection, and possibly for fantasy as well. But I guess maybe that's just me. I think we will be able to count on mauitrader and his IBD brethren to be buying all the way down in the next correction, which I guess will be a good thing for anyone who still has positions to unload

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