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


To: GROUND ZERO™ who wrote (77860)11/27/2007 8:06:51 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Yep -g- The market just assumed billions in sovereign wealth
funds will now flow into US stock markets, after huge losses
in US bond market -g- Any hope to ignite the rally from
oversold levels, and hope is all this is.
Yen/dollar tanked big time after a huge
rally. CAD is back to parity. The volativity in currencies
is huge, ditto stocks. I'm just watching all this from
a safe distance. There is no practical way to ride a 5-minute
100 point DOW rally unless you are already long. Then it tanks
100 points in 5 minutes. Price moves with lightning speed,
and that's not bullish. Bullish stuff is slow steady climb.
Sometimes not so slow, but steady nevertheless -g-