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


To: GROUND ZERO™ who wrote (77410)11/10/2007 9:16:27 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
I think the markets should rally next week, but I'm not a
hero either -g- Tech (qqqq) was killed 9% in 3 days starting November
7, now back to July highs. This is weird. We'll be at Summer
lows on Monday at this rate of decline if this bear herd rout
continues. This smells bad. I'll just sleep next week while
this stuff blows over -g- It's the quick and the dead market
again, and unless the Fed comes out with something next
week, we could BK. BK probability is now higher than in
August, still a small probability. BKs, they never happen,
right? Beware of the models, they never work in BK environment.