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

To: blitzfund who wrote (74402)1/12/2007 6:26:25 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Hey Blitz,

That 1455ish is not the top, just a near term resistance level... if you want my opinion on a high for 2007, I think we could easily see 1550.00 in 2007...

GZ



To: blitzfund who wrote (74402)1/12/2007 7:24:42 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
Yup. Accumulated Fed coupon passes and sec lending are now
going into play, and it did a lot of that in December;
lower oil price is sure helping. I don't see any danger on
the horizon. The Fed's printing, but who's watching? Gold?
Rates are still low, dollar bounced nicely. Full speed
ahead! I went long calls a few days ago, when I noticed
suspicious futures buying activity again. I got out today,
just in case. -g-


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