Bill Wexler's Trading Cabana Message Board

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Non-Tech : Bill Wexler's Trading Cabana

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To: Bill Wexler who wrote (4680)	12/17/2008 4:52:24 PM
From: RockyBalboa	Read Replies (1) of 6370

Thanks, thats good news. Once in a while a sector may pull ahead in the current bear. Today´s machine driven IYR prop made me nuts and it seemed never to stop. In Summer there was a large prop in airliners; then a smaller one in insurances. This one might be fuelled by the super easy money policy and as an alternative asset to 30-y treasuries (much like the shipbuilder rallye is driven by the recent baltic bounce). THeres another thing: I remember Bill Wexler, Edition Spring 2003 "This market shall not be shorted" which was likewise driven by super low (then 1%) interest rates and 100% correct because it would rallye for four full years. What about now? Doesn´t money try to find a home?

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