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

To: Real Man who wrote (82235)	10/20/2008 3:18:55 PM
From: GROUND ZERO™	Respond to of 94695

I think we can expect to see SP 1080 or so before the selling resumes in ernest, but no buy signal yet...<g> GZ

To: Real Man who wrote (82235)	10/20/2008 4:39:55 PM
From: carranza2	1 Recommendation Respond to of 94695

Bottom won't set for months, IMO. There will of course be lotsa rallies [to sell into], followed by more sickening downdrafts. Like Rogers and Faber, I am seriously considering shorting the long bond [with a bit of vigorish added] via TBT. Shoot, mortgage rates are already up, bond to follow. How else are Hank and Ben going to fund all their foolishness? How to explain the rally and gold going up on same day? All hunky dory now? Naah, not even close. Now the real economy suffers, not just the flaky one inhabited by hedge funds and bright-tied suspendered a-holes from Wall St. who don't know squat from squat. You have the right idea, IMO.