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


To: Qualified Opinion who wrote (77192)10/31/2007 10:07:35 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Yep, yields are not really compensating for inflation and oil
almost at $100. Gas prices here are still $2.75/Gal, much below
$3.40/Gal hit after Katrina, but they finally went up 12c
today (from $2.63/gal.) I would expect 4 bucks at least at
this oil price, so this is weird. I'm NOT in stocks at all,
rather, anti-dollar, which pays well so far. -g- If we
see further mania, I will go long calls on tech beta as
a trade, rather then puts. I expect something similar to 99
then. It is always hard to determine the exact top of a long
term bull market. This is a mania that will end badly. It's
best to "play along" with limited risk until it simply goes
pop.