Comments on: Leg Fetish http://blog.docuverse.com/2009/03/01/leg-fetish/ Don Park's Personal Blog Sun, 21 Aug 2011 19:05:53 +0000 hourly 1 http://wordpress.com/ By: donpark http://blog.docuverse.com/2009/03/01/leg-fetish/#comment-559 Tue, 03 Mar 2009 19:58:17 +0000 http://blog.docuverse.com/?p=236#comment-559 Good call there Joshua. There is growing consensus lately on 5000/500 being the bottom although I frankly doubt it won’t reach that far down. 6000/600 is vulnerable, of course.

BTW, I am going to ignore today’s bounce which is not convincing enough, not even to qualify as a technical bounce.

]]> By: Joshua Allen http://blog.docuverse.com/2009/03/01/leg-fetish/#comment-558 Tue, 03 Mar 2009 16:09:01 +0000 http://blog.docuverse.com/?p=236#comment-558 I’m still betting on 5000 or below (http://twitter.com/allenjs/status/1028340694), but it appears that Obama wants it to be slow and volatile. I expect a few big rallies of 100 points or more before it finally drops through 6000.

I just wish we’d get the damned deleveraging over with.

]]> By: donpark http://blog.docuverse.com/2009/03/01/leg-fetish/#comment-555 Mon, 02 Mar 2009 11:57:25 +0000 http://blog.docuverse.com/?p=236#comment-555 Foolish or not, I don’t think the desirable effect is deniable.

Anyway, just noticed that Asia closed 3-4% down and Europe currently down as much and looking to do worse so what I was afraid of might have already started. Oh, well.

]]> By: dbt http://blog.docuverse.com/2009/03/01/leg-fetish/#comment-554 Mon, 02 Mar 2009 10:39:24 +0000 http://blog.docuverse.com/?p=236#comment-554 I think the uptick rule is foolish, and I’m generally very pro-regulation-of-finance.

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