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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (80247)7/1/2008 4:08:33 AM
From: Real Man  Read Replies (1) of 94695
 
There is value already in these markets if you look around, and
then there are bloated pigs -g- The bounce, if any, should
start today. New Q. But... that does not mean it will start.
Hard to be a bull inside a black swan, and now there will
be no surprise cut. -g-

I've been averaging LONG in automakers for long term holding,
and then I will like Citi long term in single digits.
For now, GM and F both have huge value. They are selling those
for 5c on the dollar or something, or 20% of what these
companies are worth if sold, but they keep going down.
There is a chance of BK in those, of course, but it's not
immediate. -g-

If GM and F both go broke, the dollar will have no chance
of recovering -g-
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