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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 451.79+1.8%Jan 22 4:00 PM EST

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To: Haim R. Branisteanu who wrote (37208)7/16/2008 11:14:07 PM
From: carranza2  Read Replies (2) of 219658
 
The big picture IMO will be quite similar to this:

bp2.blogger.com

Lots of boiled frogs to use the cliche du jour as serial rallies that hit lower highs fool investors into thinking that the worst is over. Today was a good example.

Oh, man, it will be brutal.

A perfect storm of currency mismanagement, regulatory laxness, diminished savings, deficits, serial bubbles, insane liquidity and leverage levels unheard of in our financial history are working together to give us a royal screwing.

Roubini is absolutely correct. Unless you feel you can defy gravity, see around corners, etc., don't buck the trend.

If you have profits to monetize, monetize them. If not, gold and cash are your friends.
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