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Building Fear

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Good news:


"WILKES-BARRE, Pennsylvania (Reuters) - Philadelphia Federal Reserve Bank President Anthony Santomero

said on Monday the U.S. economic recovery will pick up speed once uncertainties about a possible war with Iraq have faded."




The Fed Bank President was later heard to say, "if we all click our heels together three

times, every state, city, and county budget deficit will disapppear".

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Damn good possibility. It needs to happen quickly though, as some of the sentiment stuff is not in the bears favor at this point. As long as the MOMO keeps increasing, we are OK.


OZ closed at a new bear market low tonight. France and Germany in striking distance. Trannies too. I'd like the Dow and SPX play catchup this week. I got a feelin' they will. :grin:

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THE VXN WEDGE COMETH!!!!!!!!!!!!!!!!!!!


NASTY KAPUTUS!!!!!!!!!!!!!!!!!!!!


Adam Hamilton is predicting a sharp drop in the NASTY due to the massive downward VXN wedge which is poised to break out sharply on the upside - taking the NASTY down!!!!!!!!!!!


HAS IT ALL STARTED!!!!!!!!!!!!

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