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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (90484)9/18/2009 8:31:47 AM
From: fred woodall  Read Replies (1) of 94695
 
GZ I’m going to sit this one out as there is way too much contradiction in this market. Bond market has gone completely insane and those short on the dollar are running for the hills. Money flows into bear ETF’s strong enough to suggest we’re going to do some down here. Man they are really pouring it on but the indexes won’t go down.

VZ CEO says he doesn’t see any recovery and C’s CEO can’t keep his hand off Uncle Sam’s knee but the money keeps coming into equities. All cash and taking the day off.

While on the trip be safe and stay away from the Sushi bar.
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