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

To: Real Man who wrote (82385)	10/23/2008 2:50:16 PM
From: Grandk	Respond to of 94695

rally train Maybe. For now I, like the market in general, am having a hard time differentiating between gold miners and regular stocks. GFI at 5, GG at 15, KGC at 7? It is time for a wash out. Then I will be long.

To: Real Man who wrote (82385)	10/23/2008 2:56:09 PM
From: GROUND ZERO™	Respond to of 94695

A close below 872.50 today may well be the kiss of death for the markets... GZ

To: Real Man who wrote (82385)	10/23/2008 3:05:56 PM
From: carranza2	1 Recommendation Read Replies (3) \| Respond to of 94695

I really don't see how a two year L-shaped recession, which only a few acknowledge as a possibility, is going to lead to only 15% more down on the indices. Corrections from bubbles always, inevitably over-correct to the down side. When you think the down is done, add, er, subtract, another nice chunk to account for this inevitable, always, forever, eternally true phenomenon. An overcorrection from the biggest bubble in history is bound to be really, really painful. So, no, I am looking for Dow 5K.