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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (84859)1/7/2009 10:44:54 AM
From: Real Man2 Recommendations  Read Replies (3) of 94695
 
There is no fundamental reason for stocks to rally cause
earnings suck and will continue to do so for some time.

There is no fundamental reason for the dollar to rally
cause US economy is in depression, the rates will stay
low for some time, and the strength of currencies reflects
the strength of the economy. Large foreign purchases are
still required to keep USD steady.

There is no fundamental reason for T-bonds to rally, cause
the budget deficit will soar this year and the Fed will print.

In other words, there is no fundamental reason for anything
to rally, except gold. Derivatives blew up and can't make
things rally against the fundamentals anymore. <g>
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