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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (82004)10/15/2008 2:06:11 AM
From: sandeep  Read Replies (1) | Respond to of 94695
 
Any thoughts on the dollar? Just got done listening to a guy on cbnc who said that the euro banks were leveraged 2:1 compared to US banks and the liability assumed by many countries is going to cause issues. He said we would be lucky to have parity! That should be bad for US big caps too...



To: Real Man who wrote (82004)10/15/2008 4:43:51 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Stocks... I could be wrong, but I don't like the way the SP and the DOW closed yesterday, so I dumped everything again... actually I bought the close for a rally today, which may still come, but after looking over the charts right after the close, I dumped everything again into that after market rally... I still have no buy signal, so the old sell signal is still operative...<g>

GZ