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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (19246)	5/18/2003 11:30:23 PM
From: Softechie	Respond to of 89467

US$ TTTIIIMMMBBBBEEEERRRRRRRRRRRRRRRRR!!!

To: Sully- who wrote (19246)	5/19/2003 9:53:35 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

check out the massive bull triangle in HUI chart a two-year chart of HUI: stockcharts.com[h,a]daclyyay[de][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G top at 150 (ignoring tippy top spike) in June02 and Jan-Feb03 initial impulse low at 100 in July02 next impulse low at 105 in Oct02 a nice big fat 45 pts of released upward force target = 150 + 45 = 195 the only unfortunate part of the story is that the vertex of the triangle aint real soon it is projected out toward the end of the year, like Feb04 but an old adage among Technical Analysts has it that ... "the breakout occurs with 1/3-rd of the time remaining in the triangle" the triangle began in June02, which means we have 21 months (bear with me, since this is all a rough math exercise) discount the timespan by 1/3-rd to knock off 7 months you get the breakout occuring 7 months before Feb04, which is July03 so there you have it --- a massive HUI stock index breakout in midsummer it should vault toward 200 with huge volume and bigga balls !!! but but but... we could have a minor downdraft before the strong upleg to break out of the triangle with the weak dollar, not likely right now, just yet / jim

To: Sully- who wrote (19246)	5/19/2003 9:56:34 AM
From: Jim Willie CB	Respond to of 89467

Fed and Dept Trez making huge bet now, with whole economy a clip from next article: Several chambers in the Japanese Roulette pistol have liquidity trap death marked on them. An uncertain number of chambers have a reflation reprieve marked on them, probably not more than one. THE DEPT OF INFLATION CHAIRMAN HAS GAMBLED THAT OUR ECONOMY WILL BE REVIVED, THAT OUR CAPITAL BASE EXCESS WILL BE SOAKED UP BY GROWING DEMAND, THAT OUR MFG BASE HEADS BACK HOME TO A MODERATE EXTENT, THAT OUR CORPORATE PROFITABILITY WILL BE RESUSCITATED, THAT OUR CORPORATE DEBT WILL BE UPGRADED, THAT OUR HOUSEHOLD BALANCE SHEETS WILL BE REMEDIED, THAT OUR FISCAL HEALTH RESTORED IN THE MANY GOVT HIERARCHIES… BEFORE OUR INTEREST RATES FALL PERILOUSLY TOWARD ZERO EVEN AS OUR DOLLAR CURRENCY FALLS WITHOUT RESPONSE IN LONGTERM RATES OR THE TRADE GAP !!! What a gamble indeed, as our economy endures a Kondratiev Winter in late innings of the Keynesian Monetarist Debt Implosion game. Nowhere is Greenspan’s gamble more evident than in the real estate sector. / jim