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

To: GROUND ZERO™ who wrote (75712)	6/12/2007 3:16:27 PM
From: Real Man	Read Replies (2) \| Respond to of 94695

Looks like foreign central banks figured that one out and stopped buying in the past week, that's the problem. -g- They didn't buy on the latest auction (this week) either, or so it looks like, and sold some 12B last week. Now, that's a huge reverse coupon pass. -g- The Fed may have to print now, but it might not have the effect that everyone is waiting for. -g- Bonds look like a falling knife now, so they may need to crash stocks to save them, at least to 200 DMA or so. -g- I really think stocks might do an 87 now, so... be careful -ggg-