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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (117557)	4/25/2005 6:32:58 PM
From: illyia	Read Replies (2) \| Respond to of 209892

OT - At this point, Shack, you do not think that breaking down would have an effect on foreign markets? When the world is saying we have "done 'em wrong" and that our monetary policy is run wild? I think a rally now would be enormous... a C wave up of the (presumed) B to 11,250 or 11,350 (depending on your calculations) would change many attitudes, globally. Consider the opposite... a drop to 9750.... Oh.... no.... Don't mean to go FA on anyone. I just think this is a moment when the markets are central to more than investment. In a way, I think that markets - I do mean stock markets - are seen as proxies for (political) success on a global scale with enormous ramifications. And, do not get me wrong, I am not PPT or anything. This is real market reactions that I am talking about. Basic stuff. The indicies are more than the sum of their parts. Sorry if I am so Off Topic that I threaten being booted... I can lurk... I am a good lurker... Practice....makes, well, better at it....