Yea,
that's Stuart.
I still stick by my guns on RMBS, will absolutely be the QCOM of this year when everything is SAID AND SUED. Right behind it will be NEWP.
I actually get real tickled at the SEVERE BEARS, especially in light of what's right before their BLIND SIGHT -
1. Baby boomers are still here and they don't know how to save and have a spending disease.
2. lower interest rates on the way - there goes the Housing and Auto slow down.
3. Low unemployment.
4. Psychological help on way with Tax cut.
5. Japan PSYCOLOGICALLY taking steps to improve their economy.
6 MAINLY - What happened when market was at 5000? IT FELL - What will happen now with market at 1800 - IT WILL RISE.
Vster - got at least a gallon of Gas for my Plane today.
See the market starting to come to it's senses about YOU DON'T FIGHT THE FED and like I have said before, there will be no Rocket like upsurge BUT, things recover quicker than most expect, certainly by end of year. Hell, pretty easy game they play - just lower expectations, everyone makes their numbers ( THAT IS WHY GROVE, CHAMBERS, BEZOS, and the HP LADY have all been negative on the market and their OWN stock) and walaaa, stock prices go up, the little man has lost his life savings, The Houses make their annual fortune and interest rates begin rising middle of next year and GUESS WHAT? We start the entire process over again.
SCAM GOES ON!
Selah
vster |
