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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (29563)2/17/2008 7:21:38 PM
From: Lazarus_Long  Read Replies (4) of 217769
 
TJ, I applaud your motivation, that being to 'save spendthrift america from its bankrupting ways'.

Given that our nation's leaders in the DC-MD-N. Va area, have figured very little else out, I find it hard to believe that could have figured out that realtor's commissions are now negotiable and they are most likely still paying 6%. Now, unless RE prices in the referenced area have plummeted to 1/3 - 1/2 of their previous heights, this disaster is a godsend to realtors there also. Real estate turnover apparently has doubled or tripled. Inside every dark cloud there is a silver lining.

A question: 'ultrashort financials via long the ETF' Which ETF?
XLF which is the long financials ETF or UYG which is the ultrashort financials ETF?
finance.yahoo.com
finance.yahoo.com
finance.yahoo.com
As you can see, while XLF is sick, UYG is SICKER!.

'short the Puts' SHORT THE PUTS???? That's the same as long the calls; ie., you're betting on an up move in the financials.

On a 3-month basis, BRK-A isn't doing badly- -up about 10%.
finance.yahoo.com
Yearwise, 76%. Warren's doing nicely.
finance.yahoo.com

finance.yahoo.com (ultra short china via long the etf and short the puts)
Now surely you don't mean to short China? First, they lend the US guvmint the money for those checks - at interest, of course - then the money goes to WMT to buy goods made in China and goes back to them as profits. The economy that will ACTUALLY be stimulated by this move is China's!

I can't discuss US interest rate policy without using 4-letter words.

Is there anyone in the guvmint that knows what the H they're doing any more?????
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