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

To: Real Man who wrote (89882)	8/22/2009 12:27:13 PM
From: GROUND ZERO™	1 Recommendation Respond to of 94695

What surprises me is that there are no optimists left. Financial news are full of bears, pessimists, and a lot of caution, even as signs of recovery emerge everywhere. This tells me the rally has much further to go. XLF rallied a whole lot, it is now at October LOWs. The market is trying to tell us the pessimists are looking in a rear view mirror. -g- Exactly correct... no one is willing to believe this rally yet, I take this as very bullish news... the intermediate term indicators are overbought, but they can remain overbought for many months, only the near term indicators have been able to get over sold, i.e., the volume herding Index has been oversold, and now the NYSE ADV/DEC Index is coiled for a big move higher...<g> I wonder if T-bond peaked and is entering a secular bear. That would not sirprise me. I think it has topped out some months ago, it just completed a 27 year bull market, and is now on the way down, slowly but surely...<g> GZ