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Re: [RT] Fwd: Bond and S&P update - $18 crude oil



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But, just think of what may have happened if 
he had of done the exact opposite after the bubble and of course 
9/11.
I myself may not like some of the things he did, 
but looking back am sure glad he did most of them.
 I hate to think of how things would have been 
with the gore plan in place.
  As for the 1930 situation.  The next 
president may have to deal with that or at least help keep us from 
that.  Maybe the congress can help us with that.
  So, yes, there is still time.   

<BLOCKQUOTE dir=ltr 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Mark Simms 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Sunday, August 08, 2004 1:15 
  PM
  Subject: RE: [RT] Fwd: Bond and S&P 
  update - $18 crude oil
  
  Well, you guys 
  should probably read my post in <A 
  href="">www.elitetrader.com , in the economic 
  forum where I chastise Mr. Bush and/or congress for:
  1) wildly 
  increasing the size and scope of government instead of creating a lean and 
  effective one.
  2) adding 
  burdensome new regulations that divert business resources from innovation and 
  research to accounting and legal busywork.
  <FONT color=#0000ff 
  size=2>(Sarbanes-Oxley, Patriot Act)
  3) bankrupting 
  future generations with fiscal policies of deficit spending...again diverting 
  money towards less productive means.
  4) bankrupting 
  futures generations with an expensive, never-ending war.
  5) lack of a 
  effective energy policy that would provide incentives for energy usage 
  efficiency as well as energy production incentives.
  <FONT color=#0000ff 
  size=2> 
  As far as 
  averting a 1930 depression, there is still plenty of time for 
  that...
  <FONT color=#0000ff 
  size=2> 
  hey, this is 
  just my opinion....no need for a "jihad" here.
  <BLOCKQUOTE 
  >
    <FONT face=Tahoma 
    size=2>-----Original Message-----<FONT 
    face=Arial color=#0000ff>  From: Bob 
    [mailto:BHEISLER@xxxxxxxxx]Sent: Sunday, August 08, 2004 4:32 
    AMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] 
    Fwd: Bond and S&P update - $18 crude oil
    Yes, I'd love to hear that too.
    <BLOCKQUOTE dir=ltr 
    >
      ----- Original Message ----- 
      <DIV 
      >From: 
      Norman 
      Winski 
      To: <A 
      title=realtraders@xxxxxxxxxxxxxxx 
      href="">realtraders@xxxxxxxxxxxxxxx 
      
      Sent: Saturday, August 07, 2004 7:19 
      PM
      Subject: Re: [RT] Fwd: Bond and 
      S&P update - $18 crude oil
      
      Mark,
       
          Since you brought it up, 
      perhaps you could elaborate on why you think Bush averting a 1930s style 
      depression coming off a major generational bubble collapse represents a 
      disastrous track record?
       
      Thanks,
       
      Norman
      <BLOCKQUOTE 
      >
        ----- Original Message ----- 
        <DIV 
        >From: 
        Mark 
        Simms 
        To: <A 
        title=realtraders@xxxxxxxxxxxxxxx 
        href="">realtraders@xxxxxxxxxxxxxxx 
        
        Sent: Saturday, August 07, 2004 
        7:29 PM
        Subject: RE: [RT] Fwd: Bond and 
        S&P update - $18 crude oil
        
        IMHO only 
        in conjunction with a severe worldwide recession or depression will we 
        see that $18 price.
        But given 
        Japan's and Bush's disasterous economic track record, it's a 
        possibility.
        Wild card 
        is China...will they make dumb policy decisions ?
        Russia 
        has already proven it's stupidity.
        <BLOCKQUOTE dir=ltr 
        >
          <FONT face=Tahoma 
          size=2>-----Original Message-----From: mr.ira 
          [mailto:mr.ira@xxxxxxxxxxxxx]Sent: Saturday, August 07, 
          2004 2:52 PMTo: 
          realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] Fwd: Bond and 
          S&P update
          We saw it several years back and we could 
          see it again.  It is $3 oil that we will never see again in our 
          life time.  One can thank Henry Kissinger for that one. 
          
          <BLOCKQUOTE 
          >
            ----- Original Message ----- 
            <DIV 
            >From: 
            Mark 
            Simms 
            To: <A 
            title=realtraders@xxxxxxxxxxxxxxx 
            href="">realtraders@xxxxxxxxxxxxxxx 
            
            Sent: Saturday, August 07, 2004 
            10:47 AM
            Subject: RE: [RT] Fwd: Bond and 
            S&P update
            Bear market $18 crude oil....will we see that in 
            our lifetime ?> -----Original Message-----> 
            From: topos8 [mailto:topos8@xxxxxxx]> Sent: Saturday, August 
            07, 2004 10:32 AM> To: <A 
            href="">realtraders@xxxxxxxxxxxxxxx> 
            Subject: [RT] Fwd: Bond and S&P update>>> 
            --- In <A 
            href="">gannsghost@xxxxxxxxxxxxxxx, 
            "topos8" <topos8@x...> 
            wrote:> I last updated my bond and stock forecasts in GG# 
            26884, May 13, 2004.>> At the moment my square of 9 
            calculations say that the S&P's will> make a low at 1055 
            this week and then rally to or above the 1200> 
            level.>> The market has completed the three peaks part 
            of a George Lindsay> style, "three peaks and a domed house 
            formation" (March, April and> June are the three peaks in the 
            S&P) and the current break is the> separating decline. 
            Normally the subsequent rally that traces out the> domed 
            house part of the pattern ends the bull market and also ends> 
            what Lindsay called a basic advance. However, my calculations 
            using> Linday's guidelines say that the current basic advance 
            began in March> 2003 and is likely to last into the second 
            half of 2005. Even an 8> month rally (the typical duration of 
            a "domed house" rally) from a> low now would not last into 
            the second half of 2005.>> I think this conflict will 
            be resolved in one of two ways.>> The first way is the 
            pattern I have been expecting for the past year.> In this 
            pattern the March top is iself only the first peak of a> 
            larger three peaks formation that lasts through the end of 2004; 
            in> this scenario the second peak still lies ahead (early 
            November 2004> and about 1250 in the S&P?) and the third 
            peak (January 2005 ?) will> be lower than the second. After 
            the third peak in January 2005 the> separating decline will 
            carry to 1075 in the S&P and last 1-3 months> from the 
            third peak. After the 1075 low we then will see a domed> 
            house rally that carries the S&P up to 1350 in the fall of 
            2005.>> The second resolution is becoming more and 
            more likely given the> degree of pessism I currently think I 
            see in public investment> perceptions. In this scenario, the 
            market rallies to 1350 in April-> June of 2005, then goes 
            into a 6 month trading range (something like> March-September 
            2000) and then begins a new bear market.>> In either 
            scenario I expect the next bear market to extend through> 
            most of 2006 and carry the S&P from about 1350 down into the 
            850-950> range.>> In my May 13 message I said 
            that the bonds were about to begin a> rally from the 103 
            level in the futures that would last 4-8 weeks and> carry the 
            market up no more that 6 points. In the event we have seen> a 
            rally that has carried the market up nearly nine points over a 
            12> week span.>> I now think that this bond 
            rally is nearly over. I can see the bonds> moving up a bit 
            more into the 112-00 to 112-16 range(vs. a high of> 111-26 
            yesterday) but first the market will probably drop to 
            109-08.> The 10 year notes reached the 113-10 level yesterday 
            and have the> potential to get to get up to 114-16. First 
            they will probably drop> to 111-16. The next big downleg will 
            probably carry the bonds down> into the 100-102 range and 
            that may well be the bear market low for> bonds.  The 
            notes will drop to 104 but I think lower lows for the> notes 
            will evntually be seen as the yield curve continues to 
            flatten> substantially.>> I thought crude would 
            top in the $41-42 range in May but all we got> was a break to 
            $35. I now think that the bull market high will occur> in the 
            $45-47 range and that the next bear market will carry down 
            to> $18.>> Carl> --- End forwarded 
            message --->>>>>>> 
            Yahoo! Groups 
            Links>>>>>>







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