There seems to be enough short term fear created here to warrant some type of rally.
Look for this rally to calm the nerves just in time for the final squash to upset the applecart once again.
The final push lower should see a mad rush into bonds and quality, so once we see sentiment turn very bearish coupled with a flight to quality into bonds, we will know it is time to remove the hedge and get back in.
Friday, July 27, 2007
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