Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Roads End who wrote (77942)	11/29/2007 8:14:15 PM
From: Real Man	Read Replies (2) of 94695

Dow 16.6K by Summer 08? We've got 18% M3 growth, that would be staying put from Summer 07. This flood of cash from da mint should bail out housing soon -g- Since folks need to eat, and food prices increase double digits annually, we'll also have a very resilient consumer, who just keeps buying food at ever increasing prices. As long as we report that inflation is 2% or negative, we've got huge growth going. -g- Flat - spike - flat - spike is a PPT pattern, especially with overnight spikes -g- Take it higher, then put on life support by providing an infinite bid and go to lunch -g-

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