crash part 2 not coming, page-10

yup, trust bbankie to come through... hec hec hec.. just like he has already..

I might be made to eat my words at any time, but despite all the healthy cynicism about the usa basketcase economy, I am inclined to think that this rally/sideways consolidation by spx will be sustained as long as earnings hang in there. Theres obviously plenty of liquidity (im-moral hazard for bears), theres obviously committment from the bulls, but mostly theres the precedent of what the stock market did last time there was a big credit crunch with falling usd etc.. it rallied strongly in nominal terms ..

and for xjo, I really do think its so attractive to os buyers that it will continue to rally... appreciating currency, appreciating minerals, strong banks, high dividends, well run companies .. and most important, bbankie has fostered a return of 'risk appetite' since his bailout of the bad boys on wall st.. what else do you need for another crazy bull leg?