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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (57332)3/21/2002 3:36:20 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Obviously, everything is fine, as happy foreigners rush in to buy US stocks, bonds, and the dollar. With VXN at a 52W low, everyone is dead scared of missing da recovery rocket to da moon. And nobody wants to sell to get their money back -ggg-



To: William H Huebl who wrote (57332)3/21/2002 3:48:57 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
And I was wondering where did Yesterday's $2 billion coupon pass go .... Now I see it $2 billion = 20 billion, given 10% fractional reserve requirement. The Fed printing is supporting the markets with roughly 80 billion monthly. Looks like more of a mess to me than "recovery". Trendline support for the buck is 117. When it goes, everything goes with it.


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