ST Battle btw Bulls and Bears at QQQQ=43
Edited by xD&Cox, 02 March 2007 - 11:28 AM.
Posted 02 March 2007 - 11:26 AM
Edited by xD&Cox, 02 March 2007 - 11:28 AM.
Posted 02 March 2007 - 11:34 AM
Probably will not be resolved on a friday.a simple migration to quality with a fear of God before the mother of all hits the town
ST Battle btw Bulls and Bears at QQQQ=43
Posted 02 March 2007 - 11:36 AM
Posted 02 March 2007 - 11:41 AM
Edited by jawndissedi, 02 March 2007 - 11:43 AM.
Posted 02 March 2007 - 11:50 AM
I know everybody's fascinated with "da cubes," but they really are a distraction. The crucial downside leadership is going to be provided by XBD first, followed by BKX. If you want to understand why, read this story from Bloomberg.
BTW, when I say "leadership," what I referring to is stocks that will provide the impetus for the decline -- as opposed to stocks that will decline the most. The worst declines will be reflected in RUT where you have companies that will, in fact, be insolvent once the credit bubble pops. JMHO, of course.
Posted 02 March 2007 - 11:56 AM
I know everybody's fascinated with "da cubes," but they really are a distraction. The crucial downside leadership is going to be provided by XBD first, followed by BKX. If you want to understand why, read this story from Bloomberg.
BTW, when I say "leadership," what I'm referring to is stocks that will provide the impetus for the decline -- as opposed to stocks that will decline the most. The worst declines will be reflected in RUT where you have companies that will, in fact, be insolvent once the credit bubble pops. JMHO, of course.