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

To: $Mogul who wrote (89232)	11/27/2007 7:12:59 AM
From: westpacific	Respond to of 110194

December 22nd......you may be proven right. If data for the turn is correct. Still we are hitting some mighty oversold indicators on all basis. It all depends on news near term. If a bank is about to fail, game over. If a bailout via massive liquidity injections occurs, rally on. We still have that 12500 area, many metrics show it as very big support. Actually just down below that. 12,470 area. Nice market to have your money working in, is it not? Keep that bear hedge on - 10/15% of assets. -Existing home sales decline in 46 states last Q -New Home Construction 16 year lows West