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


To: Real Man who wrote (78806)1/21/2008 5:19:54 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Tomorrow, I suspect we'll take out today's low of 1256 before we turn higher... we may even close lower tomorrow, maybe not, but just below mid range for the day, and then on Wednesday, we'll begin the recovery rally with tremendous buying, everyone who scrambles for the exit in the morning will scramble back for the entrance in the afternoon, they'll do it every time...<g>

GZ



To: Real Man who wrote (78806)1/21/2008 6:05:26 PM
From: Qualified Opinion  Read Replies (1) | Respond to of 94695
 
Time for crude oil prices to drop due to global economic slowdown. Then gold should follow. I can't see longer term inflation until real estate prices inflate again.



To: Real Man who wrote (78806)1/21/2008 6:11:12 PM
From: Qualified Opinion  Read Replies (1) | Respond to of 94695
 
I guess the speculators are being crushed in the international markets. It seems to be reflected by a stronger U.S. dollar.



To: Real Man who wrote (78806)1/21/2008 6:14:44 PM
From: Qualified Opinion  Read Replies (1) | Respond to of 94695
 
I wonder what happens when the commodity driven international markets encounter a sharp drop in commodity prices ? Do I hear stronger U.S. dollar ? <g> International market declines and U.S. dollar strength could feed on each other.