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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (12560)	11/29/2007 2:45:16 PM
From: Smiling Bob	Respond to of 19256

DOW 13321-needs to sell off hard in final hour, but it looks like the fantastic four- or five- is on the job making sure that doesn't happen. Hate to see that 321 all for naught. Didn't come cheap. Probably had to contract for a couple hundred million barrels at 100.

To: Smiling Bob who wrote (12560)	11/29/2007 2:59:35 PM
From: Real Man	Read Replies (1) \| Respond to of 19256

Stock market has decoupled from the economy, and is being used as a tool to demonstrate that the economy is in good shape. In fact, we are in a deep recession, since inflation is running around 10%, real GDP growth is -6%. We'll see, but the flat line today after a huge rally is a standard PPT trick - sitting on the futures limit bid all day. They've got cash from somewhere. If they don't run out of cash again (they have been lately), expect them to jam the chips tomorrow. That's also a standard bear hunting trick. You may be right, but shouldn't a free market decline a bit after a huge rally? Yes, it should, but it ain't a free market. Lots of Fed hilos flying this week, $178 billion Euros loaned by ECB. Be careful. We should tank into the close, but if we don't, then ...