Dan Walker

Options Trader: Tuesday Outlook

Phil, lay a chart of 29-43 across today's and see what is going on. We are overdue for a retrace rally and it is not happening. I decided not to take you to the woodshed today since you are about as frustrated by this crap as I am. No 'burning Pelosi at the stake' rant or anything else. This is your 'get out of jail free' card.

Tuesday Outlook: Commodities, Emerging Markets

Roo Rah for the PPT! If those guys would get out of the way, we could have a good flush and get this this crap over. If they had stayed out of it in 98, we would never have never gotten on this boat in the first place. Looks like we are in for crashus interuptus, a relief rally, and then the final plunge into Davey Jones locker. Oh well, I needed better point to set some shorts.

Strategies for Surviving Stagflation in the U.S. and Asia

Bravo! I look forward to a follow-through, although I may disagree academically with your conclusion on the effects of 'tightening'. I believe it would shock the commodity markets into heel in the US rather quickly. The problem is in your (correct) conclusion that no one in office will attempt it prior to an election so it is a moot point.