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Strategies & Market Trends : Waiting for the big Kahuna
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To: Grandk who wrote (76479)8/9/2007 1:00:30 PM
From: Real Man  Read Replies (1) of 94695
 
Neither do I, which is why I'm out -g- BKs are extremely rare,
but a 20% meltup in the markets from 2006 does not seem
to discount the ongoing blow-ups in derivatives. Maybe
that discounting is happening, who knows, or blow-up
intensified. In my view the next bear wave now can only
start with a BK. So, up slowly but surely or BK. Since the UP
has been volatile, I don't want to play it. This is crying
"danger"
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