Smokin' Rally or Smokin' Crack

from where im sitting, long is strong with a capital S.

 

Dow 13200 by June.

 

Subprime only is barely a scratch in it all...alt-a's thrown in would cause a bit of denting on some...after that look out.

In the meantime, if the average holds out and up's abound, looks like the S&P will be breaking 1500 before summertime

 

Sometimes ya' got'sta tap that ass!!!

 

What I dont understand is if the subprime mortgage fallout wasnt as bad as everyone makes it to be than why did the markets drop like they did.

 

Um hum ..the markets dropped on Feb 27th which was related to China; not subprimes.

 

Uh...it was actually fear in China about subprimes in the US.

For the record the subprimes aren't as big of a deal yet...once the Alt-A loans come crashing the crashing party it will get ugly...mass slaughter in the streets, wannabe RE agents and Starbuck's lattes spilled...gonna be ugly!

 

imo the volatility is being shifted to currencies, its more efficient.

 

Nikkei appears to have an erection. Too much powdered rhinocerus horn.


Those EWJ are looking sweet!!!

 

Everybody overseas is up....whoo boy.

Ahhh screw it; drive this f#$&( up again, crash below 1400, then buy it back up again