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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 454.39+6.4%4:00 PM EST

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To: carranza2 who wrote (30779)3/11/2008 5:18:54 PM
From: TobagoJack  Read Replies (2) of 219995
 
i got up to sell some skf, but when booting up the windows-vista enabled and liquid-cooled pc, i saw first up on the desktop-resident windows side-bar that skf was down and down big

once i had a scan of the news, i decided, perhaps foolishly, instead of selling skf at such a tremendous paper-loss (from peak price), i bought some more to average up

the fed has simply guaranteed that the punishment against the system will be more thorough than it otherwise would have been

holding cash under the circumstances would be brave

selling gold would be foolish

counting on the shareholders at the core of the storm to be successfully bailed out (as opposed to the institutions themselves surviving) would be brave
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