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

To: MythMan who wrote (71306)	6/28/2005 2:05:36 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

April was fun to watch - the market went down sharply DESPITE the huge blocks which appeared to try to stall the move. Then da boyz came out with lower earnings. Of course, the Fed saved the day in the end. When this circus stops, it's gonna be very ugly. I expect credit derivative and stock options markets to blow up, which means puts won't pay. An ugly candlstick on monthly charts. The realman will come and have everyone. You won't need glasses to see it -g- There are technical indications that we are closer to that moment in time than to the bear market rally of 2003, but I learned not to trust bearish signals in this market. -ng- It was saved too many times with the help of the Fed's liquidity. The key to watch is foreign buying of treasury securities. It stopped. Don't count these Caribbean "foreigners". LOL. That's why the Fed and others are in total panic. Caribbean foreign purchases show it clearly.