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


To: Fiscally Conservative who wrote (84872)1/8/2009 5:33:46 AM
From: Real Man1 Recommendation  Respond to of 94695
 
It's not exaggeration, it's a bear market. Spoos can drop
to 600 if they want to, even to 400. You can chart 1/SPX and
buy dips there. You could do that in Japan for 18 years. Who
sez you have to stop doing it to Spoos after 1 year? Geez.
The Fundamentals are there for a long move down, the only way
the Fed can stop that is by devaluing the currency to zero,
which they are doing, of course. Predicting the end of the
bear is just as difficult is predicting the beginning -g-