G
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Anyone need a lab rat??
Did not want to be exposed to the retailer report and be exposed to the reports day, especially the FOMC report.
Dr Greenspan was unable to expend his term beyond Jan 06 and this wording will be his first report after that...the trade balance came in hot....he does not like that...we will see at the end of the day. There is I told you so outlook here from the good Doc with the administration to let the dollar fall. Following dollar means the imports coming over will cost more and that will cause inflation. Last time the dollar fall like this was 1987 and the S&P 500 dropped 25% in two days. It took a long time to get back to even after that. Dr Greenspan was the FED Chief then...he does not want to happen againto end his tour because that will be how he is remembered...the guy that let it happen twice on his watch.
Yesterday was a mark up/carrot day. Now the mutual fund people are exposed because
text_editor.focus();
they are trapped like your relatives...
I explained why I went 100% G last thursday.
I am hoping the sale off is today if it is tomorrow I will still have some in reserve to average down. The hedge fund guys know the cut off is 1200 and you notice the sell offs start around 2pm.
Good luck!
Anyone need a lab rat??
Did not want to be exposed to the retailer report and be exposed to the reports day, especially the FOMC report.
Dr Greenspan was unable to expend his term beyond Jan 06 and this wording will be his first report after that...the trade balance came in hot....he does not like that...we will see at the end of the day. There is I told you so outlook here from the good Doc with the administration to let the dollar fall. Following dollar means the imports coming over will cost more and that will cause inflation. Last time the dollar fall like this was 1987 and the S&P 500 dropped 25% in two days. It took a long time to get back to even after that. Dr Greenspan was the FED Chief then...he does not want to happen againto end his tour because that will be how he is remembered...the guy that let it happen twice on his watch.
Yesterday was a mark up/carrot day. Now the mutual fund people are exposed because
text_editor.focus();
they are trapped like your relatives...
I explained why I went 100% G last thursday.
I am hoping the sale off is today if it is tomorrow I will still have some in reserve to average down. The hedge fund guys know the cut off is 1200 and you notice the sell offs start around 2pm.
Good luck!