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Pastimes : The Philosophical Porch

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To: Rarebird who wrote (5824)	7/28/2010 12:41:10 PM
From: westpacific	of 26251

Dome Roof saying the run is over; will be back in August with China update; banks are in very serious trouble over there...and I expect the China implosion to take center stage soon. Maybe pullback downward and chop to retest it again in the August to come, lovely how much everyone believes printing has solved the global derivative (quadrillion dollar) and debt time bomb. China announces yet more printing this week... Seen a lot of talk of the 1937 model in play here and potential INDU near 10800, I do not see that as for upward target; I see the high hit in. War target of November 2010 rests very much in play; and by 2014 the world will be a very changed place. Have heard talk they want war to drive oil to 1000 and thus increase the demand for dollars; interesting take...oil at that price will destroy all. West

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