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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (146032)	6/14/2007 7:20:32 PM
From: Augustus Gloop	Read Replies (1) \| Respond to of 225578

Can anyone explain why this market continues to move up? I'm expecting an ass kicking to start real soon. The data is cooked, the housing market is slipping hard, rates are rising etc etc. I keep telling my clients that I see a nasty 6 months ahead but its slow in coming. It almost feels like institutions are baiting people back in to absorb their stock inventory and when enough people have sucked it up I think we're going to get killed. Maybe its just not time but I can't imagine how we can keep moving forward. We almost have to be headed for the slaughter in the next 45 days and beyond