[lbo-talk] Financial Fun House

Doug Henwood dhenwood at panix.com
Tue Nov 18 21:39:12 PST 2003


Brad Mayer wrote:


>the dollar's failure to respond to positive
>U.S. economic data

Fascinating. The stock market's failure to rally on better-than-expected employment data on Nov 7 smells funny too.

My pals at the Elliott Wave Theorist <http://www.elliottwave.com> say the next big down move in stocks has begun. According to their model, which to put it charitably borders on the crackpot, this is the move that will make the first downwave look like a mere overture.

Doug



More information about the lbo-talk mailing list