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To: Rarebird who wrote (5513)3/19/2010 7:19:21 AM
From: westpacific  Respond to of 26251
 
If luck has it right; green today or near it and then a fairly good selloff next week; sets up a very nice topping scenerio.

Next Friday will tell us if we are at or within a few weeks of the top for this run and I think this whole run since March.

West



To: Rarebird who wrote (5513)3/19/2010 9:04:26 AM
From: westpacific  Read Replies (1) | Respond to of 26251
 
It seems Armstrong has released a letter saying we are entering stage 2 of the Debt Crisis; soveriegn debt defaults and it is going to hit the Euro Zone hard and then spill over to the US.

Saying this phase is going to lead to Civil Unrest on a large scale.

He sees no way our for many nations short of default!

The Dollar should rally as money at first flees Europe; but then spillover to our debt as well.

West


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