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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (5658)	5/5/2004 3:10:15 PM
From: yard_man	Read Replies (1) \| Respond to of 116555

silly speech -- that's the one I want <g> thanks

To: mishedlo who wrote (5658)	5/5/2004 3:19:07 PM
From: gregor_us	Respond to of 116555

Are We Going to Get China Smackdown Part II? I sold 2/3 of my oil position today after finally finding a stock name that "worked." Very short term, I believe traders will sell off the oil patch the second oil hits 40, which it nearly hit today around 2pm. But still I await China Smackdown Part II, when we learn whether China will actually raise interest rates during this Holiday week. I mean, it's got to be either tonight, or tomorrow night. Meanwhile, I am taking a "all news is a reason to sell" on the Friday Jobs Report Drama. These US indexes I think are going into the toilet, for at least a day or two. I still think the market is overly-sentiment driven right now. Big Fear leads to relief rallies--but the Fear/Relief drama is starting to leak out of the market--and as we head into Friday, I think the risk the market faces is not surprise--but, rather, the end of the Biggest Drama, for another several weeks. What's a stock trader to do after Friday?