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Andy R

07/05/06 11:21 AM

#16318 RE: ItsAllCyclical #16317

I would have to agree with that article re ST market, as I mentioned the other day any profittaking may feed on itself as so much off lows for BGO HL etc., should create a good opportunity for re-entry.


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Frank Pembleton

07/05/06 1:40 PM

#16321 RE: ItsAllCyclical #16317

Ohh, I dunno about that... having everyone in love, at least for awhile, is a good thing.

...but the charts say we're experiencing a topping process.

...not crazy about the action here in the early afternoon, commodities are still being affected by world liquidity-- everything is moving together.

IMO, Japan's interest rate hike is more of a bomb to the markets than what NK is delivering-- they just so happen to be happening at the same time.