lets play hide the bears, page-20

jh re: lets play hide the bears i don't like fights

i want my mummy

i'm gonna go in for bunny wabbits and sell all my bears



seriously tho jh

berney's now got his dollar back under control. it should't get stronger from here (reason golds up ?). it must have been a bit worrying for berney seeing the dollar get as strong as it had. he'll go for certain .25% aug. i'm not at all unchanged imo of 6% by yr end. he's got to get those deficits in tune at any cost and this is all going just fine now with the markets up nicely. easier for berney to put % rates up, the market will pull back but with no hard landing. boeing has the run on airbus atm and you only have to see country trade figures to see what the imported aircraft are doing to those numbers. someone has to benefit here and it's the usa. the biggest problem of course is all that consumer credit. slow kill is better than the guillotine effect. the markets will down imo but slowly over time. i will not get the expected -10% from the xao high by tomorrow close that's for sure. my 4400 by end dec forcast has time and i am not looking for too much here. that will still be a nasty drop from the 5318.2 2006 peak. 2007 ??? i'll go for plenty of negative moves in the first half of 2007. these interest rates will bite matey. they always do and some will be bitten very badly. especially the banks with the bad debts that will follow. aimo but by putting it down here it makes me think very hard. i cannot get at all bullish. not even seeing the dow today. i'm watching berney like a hawk. i'm reading between the lines and weighing it up with my records on currencies, inflation and interest rate history. i'm contented and it's hard to say that atm. however, i will not be moved until i see that berney is in total control of all the deficits, the currency, consumer debt, etc. etc.

be good jh,

ps are you an aussie working in alemania ?