06-26-2008, 08:51 AM
It's official ... I'm not getting e-mail. I'll call MSN Monday to see if they can help. I've got two beautiful 3' Samoan ulu picked out Catz and they're waiting for a home if you want them but first we'll need to be able to communicate.
You also asked about commodities and I think what you really wanted to know was my read on inflation linked to costs in the general economy. Today the Dow Index broke below 12000 pts. to close at circa 343 pts. Any retraction in the Dow beyond 100 pts. is considered by traders a failure signal and today we have three times that plus the Index has broken below support set at 11785 and any three consecutive 'down days' becomes problematic for bulls. Why do I mention the Dow and not oil or corn or gasoline? Because there's no better indicator signifying the general health of the economy than the Dow coupled with the Nasdaq and the S&P. Monday is key - if the index retracts further and actually breaks the sideways consolidation to the downside (which has been a form of stability for the broader markets) then we're going to see a even more ramping-up on the inflationary end. We're at a key point right now since I believe we may have transited over the Elliot Wave Grand SuperCycle Top set a few months ago (you may want to Google that for a description and what it may mean ... or you could go to SpiritofTruth.org [or maby it's dot com], for perhaps the best and the most dire prediction. Anyway Catz ... the heyride is essentially over and I believe we're actually going to see $2oo+/ barrel in the not-to-distant future and if that is the case; we as a society are about to go through a 'restructuring process' & of course food, potable water and homes & security are going to be at the top of most people's list.
JayJay
You also asked about commodities and I think what you really wanted to know was my read on inflation linked to costs in the general economy. Today the Dow Index broke below 12000 pts. to close at circa 343 pts. Any retraction in the Dow beyond 100 pts. is considered by traders a failure signal and today we have three times that plus the Index has broken below support set at 11785 and any three consecutive 'down days' becomes problematic for bulls. Why do I mention the Dow and not oil or corn or gasoline? Because there's no better indicator signifying the general health of the economy than the Dow coupled with the Nasdaq and the S&P. Monday is key - if the index retracts further and actually breaks the sideways consolidation to the downside (which has been a form of stability for the broader markets) then we're going to see a even more ramping-up on the inflationary end. We're at a key point right now since I believe we may have transited over the Elliot Wave Grand SuperCycle Top set a few months ago (you may want to Google that for a description and what it may mean ... or you could go to SpiritofTruth.org [or maby it's dot com], for perhaps the best and the most dire prediction. Anyway Catz ... the heyride is essentially over and I believe we're actually going to see $2oo+/ barrel in the not-to-distant future and if that is the case; we as a society are about to go through a 'restructuring process' & of course food, potable water and homes & security are going to be at the top of most people's list.
JayJay
JayJay