by Homesteader » Thu 26 Jun 2008, 21:10:41
snip from the article:
"One thing is for certain, if crude continues to rally, stocks are dead," said Dale Doelling, chief market technician at Trends In Commodities.
"If stocks have another day like this tomorrow, then the fallout next week could include government intervention in the markets," said Doelling. "
"The era of procrastination, of half-measures, of soothing and baffling expedients, of delays, is coming to a close. In its place we are entering a period of consequences…"
Sir Winston Churchill
Beliefs are what people fall back on when the facts make them uncomfortable.