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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (11817)10/19/2007 8:30:09 AM
From: Real Man  Read Replies (1) of 12410
 
I looked at his past predictions, and he was very wrong
a number of times recently. Nothing happened Yesterday
either. Gold might drop, dollar might bounce a bit, stocks
may correct a bit, but I just don't see enormous dislocation
he is talking about, especially the huge dollar rally (another
cut in October is being priced in right now, which is bearish
for the dollar, bullish for stocks) unless the Fed starts
raising rates all of a sudden. Not likely at all. He could
be right on the direction of some commodities, and China
surely should crash at some point, it's gone parabolic,
but a repeat of 1929 NOW is pushing it quite a bit too
far.
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