Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (77860)	11/27/2007 8:06:51 PM
From: Real Man	Read Replies (1) of 94695

Yep -g- The market just assumed billions in sovereign wealth funds will now flow into US stock markets, after huge losses in US bond market -g- Any hope to ignite the rally from oversold levels, and hope is all this is. Yen/dollar tanked big time after a huge rally. CAD is back to parity. The volativity in currencies is huge, ditto stocks. I'm just watching all this from a safe distance. There is no practical way to ride a 5-minute 100 point DOW rally unless you are already long. Then it tanks 100 points in 5 minutes. Price moves with lightning speed, and that's not bullish. Bullish stuff is slow steady climb. Sometimes not so slow, but steady nevertheless -g-

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