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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (338108)	7/10/2007 7:42:41 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 436258

He's a clown....yesterday he was bullish today he states; "we're diabolically overbought." LOL...I better go sell the ES,etc.<g> You're on your own today if you and Luc go visit the free room cause JO is going to go hide? He's already called up/down now, he's going to wait for the results to come in?<g> That's why he was asking for an assistant for help in the room, LOL, Luc put your hand down!<g>

To: MythMan who wrote (338108)	7/10/2007 8:47:27 AM
From: Real Man	Read Replies (3) \| Respond to of 436258

It's not really about what Ben says, it's what he does in his back room -g- Given where the dollar is, I think he may think a bit before going to the back room, even though it's time, so for now a "save" for the dollar through the market dip may be attempted. Stuff won't hit the fan until the dollar starts dropping rapidly through 80, though, so this is likely a buyable dip, I think. Stuff could finally hit the fan this Fall. There is only one futures buyer, so when that buyer fails, beware of rapid moves -g- This market is very nuts though, so unexpected stuff can happen at any time. -ggg- I would not be surprized if there is no dip at all, and the Fed just goes to the back room. Then we have to watch the dollar closely, the BK could arrive when it breaks the 80. It will start dropping when it notices Ben's hilos -g- What Ben does in the back room is really the only thing that matters, IMHO, and I have no clue what he will do now, just "if" "then". The back room is in a bit of trouble, the dollar is very low, rates are too high, but they will sure try to hold the mess together as long as they can.