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Re: [RT] The Markets

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Here is something that was sent to me and I thought that it might be of interest to all. 
 
At some point the continuing decline in the dollar is going to become a major issue. For example, a euro-based investor if invested in the DJIA and adjusting for European inflation, over the past six years they would have lost 3.9% per year(this doesn't include allowing for dividends).  We say we are now apart of a global economy......then at some point, foreign investors IMO will say enough is enough with our dollar heading south and impacting their investments in this country.
 
Using the same principal for the NASDAQ foreign investors.....they have lost 40% over the past six years. Does one wonder why more and more of the Wall Street business is moving to London and other foreign countries?

----- Original Message -----
From: Ben
Sent: Saturday, October 13, 2007 11:33 AM
Subject: Re: [RT] The Markets

hello Bob
 
unless we close above 1577.71 sp500 cash next 1-2 trading days  then,, i am wrong and
they are holding it up until expiration (fri)
then will let the air out
Ben
----- Original Message -----
From: BobsKC
Sent: Saturday, October 13, 2007 2:04 PM
Subject: Re: [RT] The Markets

At 12:09 PM 10/13/2007, you wrote:

I have been reading in various groups about a bear market, key reversal days and tops in the various markets.  As of right now none of the indexes have given a sell signal with the system that I use.  There may be a reversal that could be triggered in the coming week or so, but nothing that says that a major move down is underway or about to begin. 

"What is due to happen is what has been happening until it doesn't happen any more"  A tech and a fundamentalist agree?  We should mark our calenders and have a few beers.  :)

I sold my afore mentioned block of SDTH in the premarket Thursday morning for a 5.00 ps gain. At 10:45 EDST, Forbes came out with a report that it was over-heated which caused a 2.00 drop.  Sometimes, luck is a great trading assistant. 

Good luck to all next week

Bob

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