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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (2193)1/12/2000 11:29:00 AM
From: Lucretius  Read Replies (3) | Respond to of 42523
 
LOL! and that's why it has tanked... worst yr since the gov began issuing the 30 yr bond.

we need DOWN BIG in the next 3 days and that would signal to me a drop down to 6500 or so that Al will then bounce into expiration to avoid as many poots as possible (the bond of course would rally back to 5.5% or so as stocks collapsed and then selloff again as stocks bounced (meanwhile gold would start getting a bid). THEN we'd have the G-7 meeting, and they'll probably devalue the yen, and then stocks shoudl collapse to 5500 and the bond to 8% and gold to 425.

OR

we screw around up here for the next several days. down slightly on fri (nothing big), bond continues to selloff and goes into a crash on the PPI and CPI news, gold rallies HUGE and yen goes into a moonshot, thus putting big pressure on the BOJ. Euro should drift... the same action next week that peaks around wed or so. Stocks then drift sideways mon-tues and then begin plunging into expiration (dow 9k) as does the dolalr against the euro and then we CRASH to 5500 mon-tues as gold sells off and the bond rallies as the yen is devalued against the buck.

one of those two. obviously, i'd prefer number one cause i have jan poots that i'd liek to dump into the melt and then reposition short that friday.