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


To: Wyätt Gwyön who wrote (14238)5/21/2004 1:23:14 PM
From: russwinter  Respond to of 110194
 
<scenario could very well play out>

I don't have total conviction (just a lean) that it will, maybe 6 1/2 on a scale of 1-10, 10 being high. It just wouldn't surprise me, anymore than the big gold price spec liquidation surprised me. Jamming commodity hedge fund longs for short term benefit, is one of the few tools the Wizards have right now, as they sure don't have the real world on their side. I was a bit surprised by how hard the PM equities broke though, and that could even happen in energy, amazingly enough. It would be quite an opportunity.

Good shot at being the lightest NYSE and NASDAQ volume day of the year, bizarre market, another late day reversal? What are people thinking here? The technically based players can't possibly be impressed with this action?:
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