Bob Brinker made a famously bad call and "forget" to tell his followers that they should maintain a stop loss order at 5% loss or even 10% loss...consequently many people bought the Q's about 80 and got wiped out...Brinker shut up and never acknowledge his mistake- aparently his ego would not allow it...maybe- just maybe the market will touch his once imfamous call and allow anyone just holding on to get out even before another eventual pull back...Looking at this as another potential top, in a long list of potential tops....

HANG-SENG & NAZ COMPARE- WHERE DOES THE BOTTLEROCKET BLOW???

I think the markets have a ways to go before the fireworks finalee is over... How far can the Hang go up before the Hanging begins? Maybe 25K?...

Fed Funds Comment- I Am Terrible About Guessing When Or How Much...

I guess I need help on the blog- need to run spell check since once it is posted I can't figure out how to go back and edit it...Here is my thoughts on the Fed Funds Rate- I really think it will come back to 4% but TA says only 4.25%...I am sure it won't drop too rapidly...as we need to do something to prop up the value of the dollar- I am not sure how these two are tied together exactly- or if there are other tools available to stabilize the dollar decline...Holding the dollar low is going to be great for the manufacturing base in this country...Heck Toyota is probably going to be exporting cars from their factories here in a large way soon...

OPENING BLOG...OLD TA CHARTS...

Well I am learing how to blog...Here is some old TA from 2004 showing the bottom on the NAZ in 2003...Inverted H&S showing a potential price target of 3100...this should be a minimum price target...Here is a slide from an MBA class this summer in Investments...I said this back in 2004 and am still looking for that move in the NAZ...A future top could be around 3600...