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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 (69131)3/30/2004 2:24:53 PM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Hi Bill,
With the put call ratio running in the 0.5's and oil holding and moving higher today, I think we will back and fill here.
You didn't update your website this weekend. I see you have signaled up for the DOW. (Thread heading)
It is fairly obvious this rally was staged by funds buying in Europe, (gap openings on the 100 point up days,) to improve their quarterly results. Shorts have had to cover and will let them have their end of the quarter run through the 31st. Even so this rally stopped the downward momentum.

Skeet



To: William H Huebl who wrote (69131)3/30/2004 5:29:58 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Yeah... But I could see one last rise if bonds don't fall now,
a rise into some serious inflation. Such that gold goes to
490 and above. Once bonds go bust, the game is over. This
could be postponed. Until then, go party!
-g-


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