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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Giordano Bruno who wrote (356554)2/6/2008 6:17:52 AM
From: Real Man  Read Replies (3) of 436258
 
I'm expecting a manipulative dump, but I don't know if
they will succeed, so I used the one we got so far to buy
the dip, only partially (in case we get more of a dip).
The general strategy would be
for Moody's and others to downgrade some small country and
crash its currency to make all of them run into US treasuries,
then use the accumulated cash to buy US equities. I think
we are close if not at the point when this strategy backfires.
However, since UST rates are very low, stocks remain crap
shoot and could shoot higher as treasuries retreat. Gold
for me, personally. US dollar is going MUCH lower.
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