13 replies to this topic

[ogm]

I agree orchastrating a crash is the best way to reset everything at this juncture, the dollar needs to bounce further north and the rates need to come down to boost into 2008...

I was also expecting this going into the 4.5 yr cycle low this year down to 1280-1300 area, we spoke about this here many times, I didn't even expect a rally from the March lows to new highs, it is the short interest that kept the market high and climbing higher, even now...

This decline should not be over unless the market goes sideways for months and months and I doubt it will do any good for the elections...

The biggest winner after all you know who is?
BX

BX looks bouncy here, btw.

[nicolasillo]

I agree orchastrating a crash is the best way to reset everything at this juncture, the dollar needs to bounce further north and the rates need to come down to boost into 2008...

I was also expecting this going into the 4.5 yr cycle low this year down to 1280-1300 area, we spoke about this here many times, I didn't even expect a rally from the March lows to new highs, it is the short interest that kept the market high and climbing higher, even now...

This decline should not be over unless the market goes sideways for months and months and I doubt it will do any good for the elections...

The biggest winner after all you know who is?
BX

BX looks bouncy here, btw.

I was trying to say that they got their IPO just before everything started falling apart, well not really when everything starting falling apart but when the sub-prime problem is the daily fear of the investor

[kc135a]

Tthe way the market looks for the months coming ahead is not that great. What we are experience at the moment is not something that will be solved from the one day to the other. Next year there are the election and I dont think that the current government will like going into 2008 with another problem (they already have many). So, what is the best and fast way to forget everything? I am thinking something like a mini crash. That s too extreme I know, but I just had that thought.

I am totally in that camp. FWIW, and I could certainly be wrong, I have the first week of October, not the normal September, as the high followed by a 15-20% correction bottoming the week before Thanksgiving.

I like that scenario because it is politically feasible since the average voter does not remember what happened 10 seconds ago much less 10 months ago. Also, that bottom starts the rally Da_Chief has been screeming about.

KC

[pdx5]

<<I like that scenario because it is politically feasible since the average voter does not remember what happened 10 seconds ago much less 10 months ago. >> That is so true!! Hence a good old fashioned correction in 2007 will not be a concern for politicians running for election in 2008. In fact you are correct in that the market may be rising in 2008 and happy days will be here again