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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (87804)	10/6/2008 3:49:25 PM
From: SouthFloridaGuy	1 Recommendation Read Replies (1) \| Respond to of 116555

International - where the growth prospects are superior and liquidity will flow when coordinated bank action hits. I think the highflyers like POT, CLF, etc. are totally dead money, but even there there could ve value in the rummage. Monsanto increased earnings guidance and is getting punished. Why? Because it's a hedge fund knife-fight. Anyway, we're at multi-year support here. Weekly RSI of the S&P500 hit 20 - even lower than 2002 and on par with 1974. Swap Curve is loosening up here with 2 year pressures being alleviated by Paulson's bazooka. VIX near 60... If I go down, at least I go down in flames.