The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: NOW who wrote (18379)	3/9/2009 11:26:33 AM
From: LTK007	Read Replies (1) of 71456

Latest from Faber, this i just now read from off of the Bloomberg TV Crawler. "Faber predicts a SHOCK RALLY by the end of APRIL" Now that is much more reasonable, and his major revision to his previous call. It is more reasonable because it allows for much more downside to the market. But a shock rally i feel needs a shocking bottom. If will go to SPX, 606 has the potential a significant rally, but i think the 495 would provide a SHOCK rally, for instance a move from 495 area to 740 area, would be in area of a 50% rally, and if a shock rally would happen in relatively short time frame. Max

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