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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?


To: BubbaFred who wrote (1054)2/28/1999 11:04:00 PM
From: bobby beara  Read Replies (1) | Respond to of 3543
 
Fred, US paper assets have topped. Bonds topp early, then equities. The big money is in bonds.

We have been in a worldwide bear market since 1997 when the Thai baht got devalued.

CUSTER is the flight to quality $USD and (dollar denominated assets) which topped in August 1998 and thats why after the flight to quality topp into October (bearish divergence between dollar & bonds) has flopped.

Now the rest of the world in a liquidity crisis is pulling back there capital they sent here.

One other thing I haven't mentioned but have been watching is the recent parabolic spike in the $USD back to a resistance area. I believe the $usd has also completed and ABC corrective rally to go along with the NUTZ rally.

we can only fool everybody with smoke and mirrors so long.

and barbara wa wa talks to monika on DAY 55 (parabolic upspike in the $usd AHEM!!!!!!!!!)

bb