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Strategies & Market Trends : Longer-Term Market Trends
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To: morokko65 who wrote (1700)9/8/2008 12:15:13 PM
From: jjstingray  Read Replies (1) of 3209
 
I am amazed at the Fannie and Freddie whacking today. Those shareholders are screwed big time. By the way, look at Lehman Bros, (LEH) that thing looks like it is about toast. My guess is that one gets sold to an overseas buyer, or I guess the government can bail them out too. Does anyone else see our taxes getting hiked?

I don't think we see a sustained rally of any substance until we hit 32 or so on the VIX.

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