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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (77698)11/21/2007 5:27:15 PM
From: Real Man  Read Replies (1) of 94695
 
Many bonds already BK-d to zero, and that's why treasuries
staged a huge rally (they are thought of as risk free),
so it's time to jump out of the window, not sell, in some
significant areas of the bond market. -g-
There is a chance of a stock BK, and also a chance of a huge
rally. I think a fight between BK and the Fed is coming next
week. Who will win that one? -g- I'm uncomfortable with the
situation in which brokers and banks find themselves, so I
rolled into physical gold and silver and out
of brokerages and banks. I don't even know or care if gold
goes up. I don't think it will drop in half, as a lot of
printing obviously will be required. I actually believe gold
might double under all this stress. -g-

FWIW, this is the best fade on SI, and the Grizzliest of the
bears. If he does not change his mind, we really BK next week. -ggg-
Message 24074926

Happy Thanksgiving!
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