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To: John Pitera who wrote (51366)7/13/1999 3:16:00 PM
From: coug  Read Replies (3) | Respond to of 86076
 
John,
I think my 20' are about up.. It better start turning down.. or I will have rethink my bearish stance..



To: John Pitera who wrote (51366)7/13/1999 9:46:00 PM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
i just noticed something..

it will be interesting if the long bond traces out a 5th wave exactly like DBRSY (note DBRSY had the same fake H&S just before the final move higher) They have tracked each other remarkably well... DBRSY leads the long bond by about a month

bond should begin the break to 6.75 on tomorrow's PPI and DBRSY should hit 28 or so in the inflationary panic as oil pops up to 25 and gold soars to 310. DBRSY, XOI, and gold shares will of course crash w/ the rest of equities after peaking just before the crash. the commodities themselves may head higher right thru the crash before the correct to price in a US recession (I doubt gold and silver will correct that much) then the indexes begin their bear and hard assets correct and begin their bull....

kinda neat how all those blue-chip hard assets forcast inflation, eh?
-g-

now for the hard part.... what is the exact day that everything goes to hell and a handbasket.... my money is on the last week of July...

so buy calls. -g-