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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (7615)7/13/2008 8:16:30 PM
From: robert b furman  Read Replies (1) | Respond to of 41469
 
Futures look to be rockin:

cme.com

Paulson has calmed every one.

FDIC takes over Indy Mac (california woes) and Paulson floats 15 billion to Frddie and fannie - cuz they're part of the solution of reversing this real estate deflation.

Sheesh if housing ever bottomed think how valuable the land and building materials will be as inflation gets a grip.

But then if we can just crash crude inflation will be on a downward slide for 18 months.

Then we get a recession.

Bob

Another index reversal that has started to get traction:http://stockcharts.com/h-sc/ui?s=$UTY&p=W&yr=1&mn=6&dy=0&id=p79269812474



To: Galirayo who wrote (7615)7/13/2008 9:13:30 PM
From: Moominoid  Read Replies (1) | Respond to of 41469
 
Look at the VIX chart there was a nice spiking candle in the 30 range on Friday which looked good for a bottom. US futures are up and Asian markets have bounced nicely from their Friday night futures lows. Oil down too (I think on Mid-East peace news).


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