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Nikkei getting crushed early. Still could see a new high in Dow, and
NYSE composite, but I see at least a 25% chance of a run back to the
lows starting this month (rest of year should be good) and almost for
sure a 500 point Dow drop real soon. Bonds above 128-29 would really get
me thinking that and might suggest us on the way toward 132/133 there
too.
Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com
Email: swp@xxxxxxxxxxxxxxx
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