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


To: blind-geezer who wrote (76210)7/27/2007 5:24:37 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
It's when she falls and nobody knows where she stops. A
reminder - she did not fall much at all. This is a 5%
correction so far for the DOW from the top. The forgotten
little risk. It's not even a 10% correction. It has been
a while since the machines allowed more than 2 points daily
SP decline (30-40 DOW points), so folks are spooked
over nothing. I'm not predicting
black Monday at all, just issuing a statement that we are
continuing to blow up explosives at a nuclear site, until
the Fed prints. She may go off, you know? We could even
see a big rally on Monday, but it will likely fail until more
liquidity is injected.