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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (85200)8/16/2007 4:08:41 PM
From: benwood  Read Replies (3) | Respond to of 110194
 
I'd call today (and the past week) a bit of blood letting, but it's nowhere near what I'd call a panic as I observed in 1987. If anything, this reminds me of the three days ending the week preceding the crash more than anything else.



To: Haim R. Branisteanu who wrote (85200)8/16/2007 4:32:34 PM
From: andiron  Respond to of 110194
 
i would be very afraid to call it a bottom of any type.



To: Haim R. Branisteanu who wrote (85200)8/16/2007 4:46:54 PM
From: Perspective  Respond to of 110194
 
Large specs are still short a bunch of futures, aren't they? They could use some liquidation of profitable positions.

BC



To: Haim R. Branisteanu who wrote (85200)8/16/2007 7:13:55 PM
From: glenn_a  Respond to of 110194
 
((and pundits claim no manipulation no intervention ...))

LOL!



To: Haim R. Branisteanu who wrote (85200)8/17/2007 8:52:07 AM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 110194
 
it seems that the candle stick theory is right - market is up to the races - if charting 24 hour futures prices the SPX made a double bottom

Now there is no question that the FED PUT is alive - markets will never let go lower than 10% for one or other reason.

The thieves and swindler can party along - the cut came straight into option expiration to lower the losses of investment banks

Who do we have as Treasury Secretary? - well it is the one that can cares less about Mark or Marie losing their home but runs to rescue those that brought us the trouble in first place. This board is not the place to express why I think of him – it is to vulgar