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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (62347)4/21/2005 12:53:34 AM
From: shades  Read Replies (2) of 74559
 
Agreed, I think chen said earlier goog was a short, what about the financials - they don't have hard assets like the home guys - but lots of worthless debt eh? What index can I short that will cover a lot of guys in the worthless debt sector? My redneck friend that bankrupted in ga 3 times now has guys from 1998 still trying to stick him with credit card debt - his account has been sold back and forth like 18 times or so in the past 4 years to all these debt collection companies - he said he is going to bankrupt again before his 180 days are up - so they will take a big loss for now no.
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