Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (68496)	2/3/2004 6:25:30 AM
From: Real Man	Read Replies (1) of 94695

Nah. The market has a manic-depressive illness, and the Fed is just like a doctor who made a wrong diagnosis and is prescrbing untidepressants and distributing coke and other drugs to prolong the party. Prolonging the mania will be very, very costly. It's gonna crash hard. The longer it goes on, the harder it will crash. You can protect yourself by investing in gold. This is not fighting the Fed - the Fed is not going to raise. They can't. It will cause derivative meltdown, and they know it. So, the dollar will keep moving down. In a bear market, someone who loses the least wins! It's very, very hard not to lose when the dollar is going down, even if you are shorting the market. Unless you totally abandon USD-denominated assets. Which you can't, if you are living (and working) in the USA.

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