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FinancialAdvisor

08/12/05 2:52 PM

#10468 RE: xe2dy #10467

*xe, if you ask me, the whole market is somewhat of a conundrum and something big is going to go wrong...

Case in point, I'm thinking about oil right now vs. the Fed raising rates and the housing bubble, etc.

Put it this way, either the Fed stops raising rates and that in turn causes the U.S. dollar to become less attractive which in turn creates pressure on the price of oil...

Or case #2, the Federal Reserve continues raising rates and the housing bubble pops...

Either way we're in a conundrum here in which our country's economic policy is headed down a destructive road... the amount of record debt outstanding will be called in at some point, the nation's banking structure is at high risk over the next 4-8 years...

There's plenty of reasons to be short at this point... too many, and with the volatility indexes coming off of record or near record low's, the environment couldn't be more welcoming to that option.