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

To: GROUND ZERO™ who wrote (90955)	10/29/2009 7:54:48 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

It's a Chip correction, not a crash. I doubt anything drastic will happen. It will be something like a correction this Summer, if that. The buck will bounce around, then drop into 60-s, IMHO. These markets just ran up way too fast and need to consolidate. Like Chip said, it has been a runaway market with virtually no setbacks. Too much printing is going on, and US housing prices, the cause of the melt, are already quite low in places. The only thing that can cause a real melt is a currency tsunami, but that is unlikely, since the currency is floating. -g-