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


To: Gary105 who wrote (88135)6/19/2009 6:27:05 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
There is no deflation, never has been, but the economy
is in depression and will sink deeper into depression as
inflation soars and interest rates sky. I don't know when
these markets will crash because of rates, but they are
already too high and going higher. Mind you, interest rates are NOT
pricing recovery. Rather, $200 crude, $2000 gold and such
stuff thanks to quantitative easing. Bernanke just devalued
the dollar by 2/3 to shore up the markets, it will cause
extremely high inflation that will crash the bonds and
eventually stocks instead.

A breakout for TNX above 4% could cause a melt for stocks.
A very big melt.



To: Gary105 who wrote (88135)6/19/2009 7:06:01 AM
From: axial  Read Replies (1) | Respond to of 94695
 
"I took a lot (at least for me) of money/profit off the table yesterday in oil drillers. BWDIK"

---

Me too. Despite being a bull since last October, I'm out. Don't know what's going on with energy stocks - they're 'way ahead of fundamentals. Oils are in the stratosphere, but supply is cut back, demand is low, inventories are sky-high, and there's absolutely no sign of a significant near-term demand rise. Ditto NG.

Don't know the reason, can only guess. It's all being driven by futures.

Message 25721005

This looks like a bull trap but like you say, WDIK?

Jim