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 (77896)	11/28/2007 11:32:55 AM
From: Real Man	Read Replies (1) of 94695

I got long banks again, but exited when futures hit 1460. First target, I would not short this hilo ride. PPT is on the bears <g> I'll wait for GZ dip, not sure if its coming. -ggg- 178 Billion Euros are due in a week. Hilo squad, mostly from Europe -g- Bears learned the hard way... they should be running when the Feds are shooting cash from the hilos -ggg- I'd exit the dollar long too, da bouce won't last with all dat cash, carry trade will come back to short the buck, rate cuts are bearish. Maybe 1, or 2 for USDX, if we are lucky -ggg- Wall Street Rises After Fed Official Signals a Possible Interest Rate Cut NEW YORK (AP) -- Wall Street barreled higher Wednesday, driving the Dow Jones industrials up more than 200 points for the second day in a row after a top Federal Reserve official hinted that the central bank may lower interest rates again.

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