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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (7040)	5/7/2008 8:04:03 AM
From: Giordano Bruno	Read Replies (2) \| Respond to of 71454

Excuse me, the futures are red, what's your upside rally estimate? btw, UBS is coming apart.

To: Real Man who wrote (7040)	5/7/2008 9:07:02 AM
From: Rarebird	Respond to of 71454

<<It's goldilocks trade now - long stocks, short gold, short US treasuries, long risk.>> Goldilocks is back and ready for action to the upside, it appears. LOL. The brief sell off set off the buyers yesterday and they were not to be denied. Such is the stuff of major tops. Some are looking for the S&P 500 to reach 1440 before the fever breaks, some even higher. I'm looking at a major turn in sentiment that's 180 degrees from the March lows. Then, the crowd was fearful of a bottomless pit. Now, it's only anxious not to miss the next move up. I'm only too happy to let the greater fools buy at these levels. NDX: The NASDAQ-100 Index continues to try to move higher on the idea that tech stocks are immune to any problem there might be in the economy. This is a key index to watch for signs of fatigue. I wouldn't hesitate to short the NDX on any strength today. Looks like a short term high of some significance may have been hit yesterday.