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


To: Real Man who wrote (74894)3/14/2007 12:08:18 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
If you ask me, the thing has just begun!!! The fat lady hasn't even cleared her thoat yet???

Wait until the foreign holders decide it is now time to dump?

And where are our leaders calming the markets???

Remember, we have just lost over 5% of the face value of the markets in 2 weeks???

Where is the fear??? With VIX readings below 10 last December, the highest we got was under 20 on a closing basis in the past 2 weeks. Maybe if we get over 50??? Or even a lot higher?

Too much complacency... the old adage "... 2 days and it's over..." doesn't seem to be working for this one.