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Gold/Mining/Energy : Uranium Stocks
URNM 60.45+10.1%Jan 2 4:00 PM EST
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To: Tommaso who wrote (7934)2/16/2007 2:21:40 PM
From: TheSlowLane  Read Replies (1) of 30268
 
Things do seem rather stretched if things like the VIX are any indication and the almost total absence of a perception of risk in the market is...worrisome. Either the world economy is more resilient than we thought or the Fed's ability to keep pumping liquidity into the system hasn't hit the wall yet. I did see that the last T-Bill auction did not go very well, apparently. So, I share your concern that something bad could happen, probably coming from a direction that nobody anticipates, that could put a serious damper on things. Liquidity in the small juniors suddenly evaporates and there we stand with a fistful of paper. Aw, jeez, why'd you have to awaken me from my reverie!
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