Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (70402)	9/16/2008 12:33:40 AM
From: Maurice Winn	1 Recommendation Read Replies (1) of 74559

It does seem that in SI, there are few if any buyers of financial institution shares [over the last couple of years]. It has been more of a death watch with disbelief that it has taken so long from the peak of the property irrational exuberance until now. My $120 million SKF short is just for fun so doesn't really count. Meanwhile, oil got cheaper again. Shanghai's irrational exuberance is down to 2000 from peak 6000, which is quite a decline. Nikkei tumbled through the 12,000 mark. Mqurice

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