Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (79821)	3/18/2008 9:31:59 AM
From: Real Man	Read Replies (1) of 94695

This is a bear market. Sharp rallies, sharp drops. <g> Some stocks are insanely low. That includes GM and F. They can go lower, but there is LT value to them if they don't BK. Clearly, I think they won't, even though one of them might, and the BK is already priced in the bond market anyhow. So, I guess the market can be irrational sometimes. I like buying their property on 70% discount. -g-

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