Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (89529)	8/8/2009 6:51:38 AM
From: Real Man	Read Replies (1) of 94695

Exactly, sells not working, like buys were not working this Fall. Sells just trap the bears and the bull is advancing further on their blood. It is the Fed cash, and also sidelines cash eager to enter on any small dip. This can't end until all that cash is trapped in the market. The news also getting better, and we are seeing a lot of disbelief, unlike the bear bottoms when we saw cheering. March 2008 was a prime example. The recession is ending, and that's why the markets are rallying. The Fed killed it by printing a lot of money, so ... Prepare for a breathtaking run in commodities as well. Even the greatest cheerleader Aby Cohen is projecting 1060 SP500 by year end, which is only 4% higher than we were Yesterday. I'd say we go back to the highs. Beware of gold. It does not like recoveries, so there can be a lag in liftoff like in 1975. But lift off it will, and a whole lot when it does.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next