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Strategies & Market Trends : Ride the Tiger with CD

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To: Zincman who wrote (130925)	9/16/2008 10:18:01 AM
From: DetectiveT	Read Replies (1) of 314007

Agreed! The Dow is near key support of 10750(50% retracement of last bull run) and the TSX is now below the Jan low. Not sure the FED can do any thing by bailing out or throwing a lifeline to AIG. The forces of deleveraging are just too great. At least POG doing the best of all commodities and is now acting as a safe haven as this slow crash happens. I went more short on DOW with DOG and temped to get more SKF which is up about 20-25% from my initial entry. Might add more on a market rally of a possible FED fix for AIG. PM jrs getting hit hard again including CKG except for CFO, a beacon of hope in all this darkness! Oh, looks like I may have just jinxed it. Take care, DT

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