Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: $Mogul who wrote (78898)	1/22/2008 1:39:36 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

If we fail to rally hard on this Fed action, we may get to 2002 lows in a matter of days, not weeks. Follow the ABX indexes. The dow could drop a whole lot lower than 2002 lows. FWIW, I believe those will be taken out. For an orderly decline, we need a rally. These ponzi markets breathed the Fed, rallied on the Fed, and trusted the Fed for a few decades. If "the Fed is helpless" psychology takes hold, things will get extremely ugly.