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To: Canuck Dave who wrote (168731)7/8/2009 6:30:08 PM
From: GoldBull no bug here  Respond to of 312554
 
"The phrase, "He lied like the finance minister on the eve of the devaluation" seems appropriate. " (from LEAP 2020)


says it all - the govt, the Fed, the markets...all lying to us.

The morning after The Default what do you want to be holding?

Get it now, so you won't have any regrets.



To: Canuck Dave who wrote (168731)7/8/2009 8:39:18 PM
From: SwampDogg  Respond to of 312554
 
Therefore that hymn book is probably wrong
IMO shorts get killed between now and the Fall
Bears had there chance this week and no volume
This weakness has all the look of a 'b' or Wave 4
Only question IMO is whether the low was this morning or whether we see $SPX 800ish before new highs