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I have a...theory


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#1 relax

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Posted 25 May 2007 - 10:34 PM

I have had quite a few drinks by now maybe not as professional as people here would like to see, but i still plan to offer my theory Next week and the following will be very big GDP data on thursday will be so poor that rate cut hopes will surface and provide the final move up before the correction, which takes place the following week, when core CPI or PPI is too high and destroys market hope of a rate cut Move up will be 5 per cent at the most A simply theory but you better believe it, nothing big happens before CPI/PPI date +/- 1 day, just as this week confirmed, even though yesterday's selling could be seen as some people getting ready for the correction All this could be the screwdrivers talking, but nothing like hearing the truth from an independent screwdriving source enjoy da weekend ;-)

#2 Rogerdodger

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Posted 25 May 2007 - 10:44 PM

screwdrivers talking

Be careful. I hear orange juice can be dangerous.

#3 relax

relax

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Posted 25 May 2007 - 10:52 PM

think i'll avoid the orange juice

screwdrivers without orange juice should be safe in this market

That's what Greenspan has been telling me lately


screwdrivers talking

Be careful. I hear orange juice can be dangerous.