Hi Bill
I would think you have this potential selloff, happening in reverse Bill,,,
Anytime AG cuts rates we explode up!!! right???
your talking about a 2000 point selloff in the next 5 trading days...
Bill are you kidding??? WHY??? TELL ME WHY??? what's gonna trigger it, DOW 10K???? not a chnace...
We ARE overbought, BUT BILL, only on the DOW...not the SPX or OEX, just look at those charts...a thing of beauty...and Bill the FED is acomodative right now...Bonds have rallied back...
2000 POINTS in 5 DAYS.......not in my lifetime or yours...
My immediate downside target for any "pullback"..is 9600, then 9100, then 8650.."THE BOTTOM"...
Now Bill listen...If Alan Greenspan, ever raises rates .25 basis points at anyime,, THEN YOU'LL SEE YOUR SENARIO, AND NOT UNTIL THEN...
he has no reason to cut or raise rates at this meeeting on MARCH 30TH...not next Mon Tues..where do you get these dates???
Bill your missing one of the most remarkable markets i've ever seen...it's wonderful..people are enjoying incredible gains, NOT worrying all the time about a crash...
BILL CRASHES ARE FOR 'BUYING'...BILL------B-U-Y-I-N-G....!!!!!!!!!
SO WE CORRECT A BIT...WHO CARES BUY THE DAMN DIP...
With my warmest regards..good luck..."the Juiceman"......... |