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 (80419)	7/8/2008 4:00:34 PM
From: Real Man	Read Replies (1) of 94695

If they manage to break the crude, we'll have a very good bounce. If not, oh well. I'm still thinking of keeping these crashed automakers GM and F longer term. I mean, GM market cap is now smaller than that of a toy car maker. But they can get broke, of course. In fact, they ARE broke, but there is a chance they won't have to file for bankruptcy and pull out of it. Then it's a good investment. Otherwise they go to zero. -g- ABK WILL file for BK, but it was a good trade today. -g-

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