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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (114821)	4/4/2008 1:50:41 PM
From: BWAC	Read Replies (1) \| Respond to of 306849

Here comes the 2pm injection

To: bentway who wrote (114821)	4/4/2008 2:24:47 PM
From: John Chen	Respond to of 306849

"while keeping the markets propped up". At all costs until election is over. It is fairly obvious and sensible thing to do, while looting the treasury at the same time.

To: bentway who wrote (114821)	4/4/2008 2:28:43 PM
From: Smiling Bob	Respond to of 306849

Of course they are That's what they do best. Zero risk.

To: bentway who wrote (114821)	4/4/2008 2:34:23 PM
From: Perspective	Respond to of 306849

Of course they are. There is no need for a PPT when you have GS, the breeding ground for government economic officials, sitting on newfound leveragable treasurys while the Fed lets them park the toxic MBS in their account for a few months. GS knows that fundamentals are just a distraction. Stock prices can be moved whatever direction targets the vulnerable players. The vulnerable longs got their clocks cleaned already. Now the shorts are vulnerable, and they're picking our pockets. I've had my pocket picked by them so many times, I've become an extremely skittish short. But I'm always quick to step back in, and the trend ultimately works in my favor. It's pretty simple for me. In secular bulls, you buy every cross back over 200DSMA as they probably mark new cyclical bulls. In secular bears, you short every cross below 200DSMA, as they probably mark new cyclical bears. Where it gets complicated is in managing sector exposure and beta. I took my beta from -0.5 to nearly -2.0 when the bear-market rally looked like it was failing. That's pretty uncomfortable given how far this rally has gone the past couple weeks, so I've cut back some. So far it all looks like a classic, short-covering bear market rally to me. Interesting that $BKX is underperforming pretty badly here. I just need technical confirmation in a few places to get aggressive again. Failure of the H&S in homies would be a start, as well as failure of the $TRAN breakout. I figure time is on my side. `BC