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Strategies & Market Trends : Ride the Tiger with CD

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To: ogi who wrote (149903)	3/5/2009 4:34:16 PM
From: SwampDogg	1 Recommendation Read Replies (3) of 313134

This is a big low in the market IMO Analyst from S&P on CNBC today said point blank to just be short the market for the the next couple of years and saw no reason to be long. Pundits are resigned that the market is never going to go up. CNBC is now talking only bear trash and has the tickers of all the penny former blue chips. IMO this could be one of the best 2-3 weeks in market history and it could begin as soon as tomorrow. Gold also looks to maybe go lower here. Rally today was lame and $850 may be in the cards. Would like to see $SPX 1000 and gold $800ish in the next couple of months and then the whole thing would flip over again. If the market does break lower tomorrow then there is no support until $SPX 400 and gold goes to the moon. Energy stocks looking stronger on both good and bad days. Really just the financials sucking wind now and that shows a narrowing into a low.

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