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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (23302)	3/1/2007 11:26:43 PM
From: Ken W	Read Replies (1) \| Respond to of 23958

Bernard SDS or QID? I'm not totally convinced that this is more than just a correction until we see what happens at DOW 12,000 or QQQQ at 40.00...if either breaks then it could very well signal a new bear market for a while. Remember that DOW 11,000 was a hard spot for some time and the QQQQ does not look like a lot of support until 30.00. Given the current state of world affairs, our considerable debt load due to this "war" and recent interest rate games that are being played to cool a runaway housing market, my gut tells me we are in for a bumpy ride for the rest of the year, but I'd like to see it in the longer term charts before I'd commit any long term money to the short side. Personally, I'm just cooling it in money market and watching patiently to see how things pan out. Course by the time we get a clearer picture we will be in the throughs of the 08 cam-pains with a lame duck President and too many kooks to count in the prelims...lol. Ken