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Monday, July 7, 2008

the global equity mkts bottom is quite strongly


global equity mkts bottom is quite strongly linked to top in crude oil as of now ..And crude oil can top out only when dollar starts its Bull run back AMIDST ALL TALKS OF BIG bear run and recession in USA economy ...A bull run in dollar will move money out of GOLD for a while as safe heaven and also put top in crude oil( cheap import of oil in USA)... This WILL BE THE STARTING POINT OF STABILITY AND SHORT TERM BOTTOM RESULTING IN 2-3 MONTHS OF UPTREND IN EQUITY MKTS ...Rememeber DOW topped out FIRST in OCT 2007 , before rest of world mkts topped out in JANUARY 2008 , so IDEAALY DOW SHULD BOTTOM OUT FIRST FOLLOWED BY REST OF GLOBAL MKTS
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