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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Mike Johnston who wrote (58155)1/31/2012 10:08:50 AM
From: TH1 Recommendation  Read Replies (2) | Respond to of 119360
 
MJ,

I ain't saying that was a top. I am not saying that.

But, it might have been. Jan 31? Euro spike on the Dollar on nothing much (but yesterday's news), and a retrace.

Best Jan for the DowJonesy in a million years, on pretty average to bad earnings trends.

Then you have BOB DOLL out saying no QE3, and Bob knows stuff, cause he has a 3.7 trillion sandbox. Then again, Billy the Gross says QE to infinity and beyond, but we know that Billy has been wrong as of late (probably from pissing off the Fed last year), and Billy went LOOOOONG MBS to the tune of a 70 billion loan.

So, who knows, but I'm kicking back, drinking coffee that will straighten your chest hair and keep your heart beating six minutes after you're dead, and waiting for Guffman.

GT
TH



To: Mike Johnston who wrote (58155)1/31/2012 10:37:36 AM
From: DebtBomb  Read Replies (1) | Respond to of 119360
 
Faber was saying recently....bounce on euro short covering.....maybe 130....but the trend is down. In other words....the euro is toast, LOL.