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


To: Elroy Jetson who wrote (17505)8/10/2004 8:13:49 AM
From: Steve168  Read Replies (1) | Respond to of 110194
 
The big market sell-off started on 7/1 was predicted and posted on SI on 7/1/2004:
Message 20273919

From: Steve168 Thursday, Jul 1, 2004 11:28 PM

June 30 Fed decision of 0.25% interest rate increase pushed my model to another test. When the dust settled down, today's market action gave a "Perfect Confirmation" of the sell-off. July 1, 2004 is the first day of this sell-off according to my technical model. The market indices will very likely test 2004 lows, and likely to break down to new 2004 lows.