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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (76091)7/22/2007 7:50:03 PM
From: Real Man  Read Replies (1) of 94695
 
Right. A break of 80 does not ensure anything by itself. If it
does, then 78 is next, I guess. -g- If foreigners start to
sell, then something nasty will happen. But who said the
selling will start below 80? Everybody and their mother is
watching 80, so we might just dip briefly there to take out
stops, then take off higher, while stocks will tank, as silly
as it sounds -g- Everyone is positioned for inflationary
effects - bulls in stocks, bears in commodities. The
bagholders are the bond traders. Aren't they supposed to be
the smartest? Why are they keeping the rates so low, if no boo-
boo is expected? Or is all of that China influence? I thought
bond market is bigger than China.
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