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


To: Crimson Ghost who wrote (72031)10/15/2006 8:36:51 PM
From: Rarebird  Read Replies (1) | Respond to of 110194
 
I've been day trading over the past month because the Market appears to be under intensive manipulation in a blowoff phase which is not unlike the 2000 top. Although there will be some down days between now and the Midterm elections, I now see the apex of this blowoff coming on the day of the Congressional elections. The outcome of the elections will probably be much higher taxes, which will send the stock market tumbling. Until then, the market is likely to be increasingly volatile on the upside and, once the top is in, on the downside.