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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (79767)3/16/2008 10:06:11 PM
From: Real Man   of 94695
 
No. I think stay away from financials, they are loaded
will all kinds of weird crap. Financial/Ponzi economy
needs to go for a long term recovery to take hold, quite
a few firms will BK. Oil Sector will join them as soon
as global recession takes hold, and it will. The next recovery will be
driven by manufacturing, and will be very sharp. That's
an optimistic view. Oil and financials weigh way too much
in the S&P.

If the Fed attempts to save and bail out all financials, things
will get very bearish for the dollar, and they can turn US
of A into Zimbabwe or something like that, on a smaller scale.
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