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Old 08-12-2004, 04:54 PM
adios adios is offline
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Join Date: Sep 2002
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Default Stock Market Rolling Over

I think this decline has a good ways to go from what I perceive. Time to load up on QQQ puts [img]/images/graemlins/smile.gif[/img]. I'd wait for a snapback rally to do it though. Oil at $45.50 today, 30 year mortgage rates lowest since April. Nice op ed piece in the WSJ today about globalization and IT and how the Fed expects these to affect jobs, income and prices in the future. I'll post it later.
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