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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (13942)5/15/2004 7:34:48 AM
From: westpacific  Read Replies (2) | Respond to of 110194
 
Of course the FED is now in this market at EVERY KEY technical point. (And have been so since we hit the lows back in 2002, the bear market would have been over by now, but will last a decade or more and is creating even greater inbalances to the system). This is a FED out of control IMO, arogant is not even the word for the egos of these guys!

It is blatent, they will not let this market deflate ahead of Bush being re-elected. And even then they will not stop trying.

I will keep on saying it, this market is so manipulated now, cash IS THE ONLY SAFE HAVEN.

And notice how many stocks are breaking down badly in the face of this market support. SO many are getting creamed - and this false reality is going to hurt the average investor badly.

Get out, stay out, and wait, PATIENCE is key for the non-trader.