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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (71217)	6/23/2005 1:01:32 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Yes, the market is at a critical level. If the secular bear has returned for good, we should see it shortly - the big down days should be back. If not, this Iraq war/Bush election rally can last some time longer, which could be years, and go a lot higher, which could be new all-time highs for the DOW snf SP500. Don't forget that the bulls can also get whipsawed at such a critical level; a fake breakout, followed by a drop. And vice versa. I think it's best to stay out until the market tells what it wants to do now. For now, 1/2 a point SP dip is all the bears can get -g- So, the manipulators are in control, as the system is taking a bubble bath in all the newly created Bernanke liquidity. In this market lack of liquidity means BK, so there hasn't been one. The Fed ensures that.