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


To: Perspective who wrote (88814)11/9/2007 12:48:16 PM
From: DebtBomb  Read Replies (2) | Respond to of 110194
 
I'm thinking longer term....we are going downtown.

There's plenty of downside room on the weekly charts. The Q's have support at 47. This crap is in a bubble all by itself.

Help PPT, we need an emergency rate cut. LOL.

Once, the public figures out they've been lied to, and that this credit mess will take a generation to unwind, they will crap their pants.

Welcome to the Empire of Debt.



To: Perspective who wrote (88814)11/9/2007 4:25:34 PM
From: lifeisgood  Respond to of 110194
 
FWIW, I'd consider setting a stop somewhere close to here and just dumping your long tech stuff at the next bounce. Trouble is, there might not be much of a bounce. There weren't many sizable bounces on the way up and when the market tanks, it's usually harder and faster (especially tech).

I think this market is in serious trouble and that we are in the early innings of a big slide. People are still in denial and will stay that way for a long time (probably until they get their next 401k statements).

best...

LIG