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ItsAllCyclical

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ItsAllCyclical

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Re: opnion post# 43975

Friday, 09/12/2008 3:22:02 PM

Friday, September 12, 2008 3:22:02 PM

Post# of 77456
Rally on IKE being less than expected? Rally on Fed expectations? Rally into options expiration? Rally on LEH getting bought out?

All BS reasons over an IT period, but this market is so momentum driven doesn't seem to matter. I suscribe more to your view that the markets need to puke. However, gold is up big today and shares liking it even more. Reflation trade or just an IT/ST top in the Dollar? We've gone from pricing in 5 rate hikes back to neutral or even a cut next year.
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