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


To: isopatch who wrote (15805)7/16/2002 10:23:59 AM
From: Roebear  Read Replies (2) | Respond to of 36161
 
Guess Ravi was 10 years early last time, is he right this time?

disastermagazine.com



To: isopatch who wrote (15805)7/16/2002 12:00:48 PM
From: SliderOnTheBlack  Read Replies (3) | Respond to of 36161
 
["Act III of the Emperors New Clothes....:]

...where there's smoke - there's fire ~

- especially in this market environment.

I think we'll ultimately get to see if they're truly too big to fail, but too big to bail.

Unless the economy turns quickly, the markets base & rally and the dollar/gold divergence narrows - JPM is going to be the catalyst of the when, not if DERIVATIVES meltdown - which stands to make the LTCM bailout a pimple on an elephants ass in comparison...

Give me a little countertrend ESF/PPT Rally here & then back to cash and waiting for a re-entry opp for GOLD.

S&P Charts are telling us they are going sub 600 longterm...and that Aug 16th "Come to Jesus" deadline for CEO's having to sign off on the corp financials may drop another bomb, or two on the market.

All Greenie can do; is pray some positive surprises come in economic news over the next couple of months - because the trend is not their friend and what's behind door #2 is not going to be pretty...

Pimco's McCaulley wasn't to happy with what Greenie had to say this a.m. either.

Going to get real interesting, real soon here...

Just give me a scalp on this dip and I'll be happy.