We'll have to see. CPI and Fed fears are about the only thing that could start a decent decline, so there's a chance that the ultimate fade will work again.
http://www.traders-t...showtopic=66553
The Fade?
Started by
OEXCHAOS
, Feb 21 2007 09:12 AM
2 replies to this topic
#1
OEXCHAOS
-
- Admin
- 22,021 posts
Mark S. Young
Posted 21 February 2007 - 09:12 AM
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#2
Rogerdodger
-
- TT Member*
-
- 26,873 posts
Member
#3
jawndissedi
-
- Traders-Talk User
- 1,018 posts
Member
Posted 21 February 2007 - 12:53 PM
We'll have to see. CPI and Fed fears are about the only thing that could start a decent decline, so there's a chance that the ultimate fade will work again.
http://www.traders-t...showtopic=66553
I think you're right -- especially the part about taking more heat for a few days first. The speculative "tells" I watch (RUT is a good example) continue to convey unabashed exuberance. This will make things all the more "interesting" when the worm finally turns.
I especially like the fact that HGX is chugging higher on a day when the industry that supplies credit to home buyers is grinding to halt. It gives a new depth of meaning to the adjective "irrational."
Da nile is more than a river in Egypt.
