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


To: Roads End who wrote (77942)11/29/2007 8:14:15 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
Dow 16.6K by Summer 08? We've got 18% M3 growth, that would
be staying put from Summer 07. This flood of cash from da mint
should bail out housing soon -g- Since folks need to eat,
and food prices increase double digits annually, we'll also
have a very resilient consumer, who just keeps buying food
at ever increasing prices. As long as we report that inflation
is 2% or negative, we've got huge growth going. -g-

Flat - spike - flat - spike is a PPT pattern, especially
with overnight spikes -g- Take it higher, then put on life
support by providing an infinite bid and go to lunch -g-




To: Roads End who wrote (77942)11/29/2007 8:41:15 PM
From: lifeisgood  Respond to of 94695
 
Bernanke basically said "everything bad is contained" in his speech tonight. Also said, "don't worry, I'll cut rates to zero if I have to."

best...

LIG