Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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From: Paxb2u	10/14/2008 7:49:07 AM
	Read Replies (2) of 94695

Vi----We have one up day in a row (thank the Lord) and we have everyone and their brother declaring the bear is over. I'm not very good at this, but how did we go from disaster to everythings fine by the the FED and other Central banks injecting cash into banks ? I thought easy credit and leveage is how we got into this. We (common folks like myself)have not felt a lot of pain (besides equity holdings being down). Earnings for the past qtr and the next have got to be diasterous (do we care?) I'm sitting in 90% cash and physical gold. Is it really as easy as saying its time to get back in the water? I was thinking of going short by the end of the day. Respect your opinions and would really appreciate one here. TIA---Peaceb2u

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