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Strategies & Market Trends : Raptor's Den II -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (1571)1/5/2004 6:36:27 PM
From: Kirk ©  Read Replies (1) | Respond to of 3432
 
"Somethings gotta give here. "

It has.

So far, it seems to be the shorts covering as the bears call top after top.

DJIA = 10,544.07



To: Andrew who wrote (1571)1/5/2004 6:44:29 PM
From: CharlieChina  Read Replies (1) | Respond to of 3432
 
agree, somethings got to give, at some point in time,but, think it like an monopoly game....the bankers say free money available, so the dollar value drops because of added liquidity,,,but free cash keeps going into the system to drive up prices.

Its kind of funny, the US dollar should drop another 15% and the market may rise another 15%, so status-quo in value.

Remember, the stock market is an auction market, and hence, people will pay $20,000 for a $1 barbie-doll that looks pretty.

1929 all over again, but, with new twists and turns called program-trading.

92% of all trades on the NYSE will be program-trading related by 2010, I think.

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