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Re: daiello post# 25143

Friday, 10/31/2008 1:38:00 AM

Friday, October 31, 2008 1:38:00 AM

Post# of 42555
Fri should give us a better idea? On a scale of 1 to 10 w/10 bein the best idea....I gotta give it a .25 - .50....& that's bein kind....lol

But am I hearin u right....are you now callin for a retrace...r u officially off the bull...say it aint so? lol

I gotta say tho that there's still sooo much we still have ta get thru...from the election to the TARP which is barely oudda the gates.

I say sometime between now & mid Jan we'll know for sure if the dollar is headed for more pain. I agree w/the guy who was on ystrdy....he was sayin sometime over the next coupla mos we should know....think he was quotin more like 3 mos actually....mid to late Jan is a decent window. We gotta fully purge ourselves of the bush regime, get camp Obama in there & see the TRAP off 1st base & headed for 2nd.

Ya gotta admit....except for oil bein where it is....there aint much else to be happy about...unless of course you feel that we should be in bull mode simply b/c things haven't regressed quite as bad many were thinken. I happen to think that it's not a good sign as we still have much pain to come....as opposed to how the mrkts are tradin on this news....ie woo-who, it's not that bad.....yet. :0

The sooner we get thru the uglyness the better....tho I suppose the manipulative M.O. is to artificially move the mrkts as high as they can so that when we do finally take our meds (most likely after Obama gets in) the retrace wont seem quite as bad. Guess that all depends on how camp Obama wants to run the show. & speakin of which....makes me wonder how much influence Buffet will have on the econ bein he's an Obama econ advisor? Should be interesting....is it any wonder Buffet's been a buyer as of late.....both under Berkshire (some more BNI today I hear to the tune of 800K+) & his personal acct. Me thinks the Ol' Oracle of Omaha is gettin an early start on puttin his $$$$ where his political mouth is gonna be.

I dont know...Adami's sayin 10K b4 we see more pain....if that's the case...it sure wont be on the fundi's. Thus I'd be a nibblin here above 9K on the SDS.


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