Comments on: Bear Rally Looks Eager to Recharge http://www.rickackerman.com/2009/08/bear-rally-looks-eager-to-recharge/ Gold, Silver, Stock and Mini Index Trading Newsletter Thu, 09 Sep 2010 05:28:13 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: Occdude http://www.rickackerman.com/2009/08/bear-rally-looks-eager-to-recharge/comment-page-1/#comment-1768 Occdude Sat, 08 Aug 2009 02:29:45 +0000 http://www.rickackerman.com/?p=8594#comment-1768 Great take on the fact that the Dow more so than the S&P is the more emmotional indicator of the two, my thoughts exactly. The only thing is, I think if we get to 10,000 we could punch through it in an effort to draw in the last dime of the "dumb and desperate money", the "goldilocks crowd" . Certainly a convincing puncture of the vaunted 10000 mark would convince all but the most perma-ist of bears that the economy is on the mend . Goldman Sachs made their money off the shorts in the second quarter, they may make it off the longs in the third and fourth. BTW anybody see the USD today? Up a full point, what up wit dat? Somebodies got "happy feet" possibly someone in the emmerging market bubble which appears to be slowing. Great take on the fact that the Dow more so than the S&P is the more emmotional indicator of the two, my thoughts exactly. The only thing is, I think if we get to 10,000 we could punch through it in an effort to draw in the last dime of the “dumb and desperate money”, the “goldilocks crowd” . Certainly a convincing puncture of the vaunted 10000 mark would convince all but the most perma-ist of bears that the economy is on the mend . Goldman Sachs made their money off the shorts in the second quarter, they may make it off the longs in the third and fourth.

BTW anybody see the USD today? Up a full point, what up wit dat? Somebodies got “happy feet” possibly someone in the emmerging market bubble which appears to be slowing.

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