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


To: Real Man who wrote (72175)10/17/2006 6:38:08 AM
From: westpacific  Respond to of 110194
 
Disagree fully, crashes catch the crowd on the wrong side and with this upward spiking wedge getting very narrow at the top - anything can happen.

And we have 2 weeks to go in this month, did I say we fall right away.......watch for any signs in the week ahead.

No one can predict one, watch for a pullback this week and into next.

As for shorts, it is a chart by chart basis, as it is for longs.

Right now I see blood in the streets on many stocks and I see profits like mad on others.

Traders market with both positive and negative bias.

Read the tealeaves, but to be too heavy long here is big time risk, what for. Why risk it.

Hey, I am trading plenty long right now, on a chart by chart basis. Also playing some short. Hedging all the way for now - till I see in the tea leaves the right setup to go full monty short. Not there yet.

West



To: Real Man who wrote (72175)10/17/2006 11:19:58 AM
From: yard_man  Respond to of 110194
 
feels like '99?? -- not for me -- I was younger, then <g>



To: Real Man who wrote (72175)10/17/2006 12:13:26 PM
From: John Vosilla  Read Replies (2) | Respond to of 110194
 
Much higher interest rates on the long end seem to be the big risk IMHO. Take the 10 yr from 4.7% up to just 6% and that reduces the risk free multiple from 21.2 to 16.6 a 21% plunge just due to multiple contraction..