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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: contrarios who wrote (99320)9/24/2008 8:33:05 PM
From: chichi2  Respond to of 100058
 
a Congressional/Admin will cause an Up Explosion, provided it is close to the orginal proposal. (can 42 pages = 3 pages)

if the Explosion is too big, there will be a reversal of Fibannaci size that CNBC and protagonists like the one you gave URL to will take the Reversal as the response.

Fed's desire must be to have a Up Expl. but not the full Explosion. each day the will drain until the Prop happens.

Each day of their Drain, if properly done will keep the Markets marking time, until the Prop gets passed.

Not a good time to trade, unless you know more.

What was the time that fellow posted his insight.
Was it after my recommendation to Short.
(in Morning for Traders, i posted just after 10am)
it was a great Short, as the markets tanked into close from some nice ups to near flat, and many stocks like MS went up and then down on the day before of 11%.

the ans is
Wednesday, September 24. 2008
Posted Karl Denninger at 14:34