Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (82021)	10/15/2008 12:28:13 PM
From: Real Man	1 Recommendation Read Replies (3) of 94695

Whoever wins will inherit the mess. The government is idiotic. Instead of taking the trash off banks balance sheets they are buying bank stocks. What good will that do to restoring the banking system? While I am not fond of either, since it is endangering the dollar, the solution of the banking crisis was here with the 700 billion package (essentially monetize the chit), and now it is not. Would YOU invest in insolvent banks? What happens next is banks go down the crapper along with 700 billion. That said, if QQQQ gets back to 29 today, the risk/reward will be good for anti-meltdown play into expiration. Of course, these are probabilities. Dirty Harry stuff -g-

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