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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (15754)7/15/2002 1:04:38 PM
From: isopatch  Read Replies (1) | Respond to of 36161
 
Slider. THE quote of the weekend.

An absolute classic from under the porch!

<I am not feeling sick to my stomach yet, so this indicator is telling me the bottom is not in yet>

Early last year when everybody else over there was saying they were 10' tall and bullet proof, this guy piped up that he was <12 feet tall and bullet proof>

The times...they are a changin'.

Isopatch



To: SliderOnTheBlack who wrote (15754)7/15/2002 1:23:21 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 36161
 
the Fed can only encourage greater dollar printing
so far the MZM is rising only gradually since spring
unwillingness by borrowers to go deeper into debt

Richard Russell points out that Dow Utility index is falling
he regards this as a dire debt meltdown signal

I agree with Gross of Pimco also
they are so sharp

but Puplava's Perfect Storm is unfolding on schedule
I expect the monetary expansion stimulus to end up not where GreenPrint expects
it will go to the commodity markets
the CRB Index is now showing nice U-shaped Cup&Handle bull pattern

with paper assets in decline
and gold leading the pack of commodities, the onliest cautionary signal out there is the decline of OSX
crude oil is showing a possible rise upcoming with its daily stochastix on the commodity, not the OIX

I look for Puplava's scenario to continue to unfold
the inflation will arrive in the cash markets -- commodities
while debt collapse and corruption weigh down and encourage further deflation in the credit influenced paper assets markets

I dont think corporate earnings are much of an issue now
sure, growing earning would help
but they wouldnt be believed
the next corruption/ debt melt is only days away
we should see a new profit margin pinch soon
the next downleg for the USdollar has begun
it will bring with it tighter profit margins in many sectors

exit of Barrick and PlacerDome will rough up XAU for days
/ jim



To: SliderOnTheBlack who wrote (15754)7/15/2002 3:28:33 PM
From: waverider  Read Replies (1) | Respond to of 36161
 
Just a thought...but maybe Greenspan will let this thing run its course...meaning, he will get what he wants...

the political climate changes enough (with each -100 point drop in the DOW)
to force companies to count options as expenses,
accounting industry changes,
and no more of that irrational exuberance...

???

wr