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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (25318)	12/17/2001 11:06:29 AM
From: marginmike	Read Replies (4) \| Respond to of 209892

I see a last low volume push up to test highs, which I expect to fail. There is a simmering time bomb of mass devaluations comingh arround the corner, which NOBODY seems to be expecting. I would guess golds and bonds(govt us or Europe) would be the way to go here. The last great shorting(easy money opp) will occur within the next 6 weeks. If TNX keeps backing up the housing market will be obliteratred soon. Then it will be game over. The question is how bad it will get. We still have the despair phase left in this decline in my opinion so I would guess the next leg down will be swift and visious and be set off by an event like a terrorist attack or a devaulation etc. I will be exiting all Longs except my oils(hedge)by the end of the week or naz 2060 whichever comes first.