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Strategies & Market Trends : Waiting for the big Kahuna

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To: Paul Kern who wrote (78829)1/21/2008 10:58:13 PM
From: Real Man  Read Replies (1) of 94695
 
They can. However, someone lobbied hard for the removal
of curbs on NYSE in late October. That someone was definitely
not long in the beginning of November when the new "no curbs"
went through, and, quite likely, started this decline.

We'll stop crashing and the Fed will come out and save
the day when they decide it's time and cover, going LONG, or,
alternatively, we keep crashing even then, because they played with
fire and burned down the house. The Fed coming out would be a
signal they are long. It would be fun then if the market ignored
the Fed and them, and kept crashing. <g>

I guess the futures should be very green going into that
event, even though very green futures would not be
an indication emergency rate cut necessarily will occur at this
point - they can just happen -g-
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