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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (83566)11/23/2008 12:05:46 AM
From: Real Man  Read Replies (2) of 94695
 
I agree. We'll likely see the mother of all bear market rallies
on Monday and for a month or so. I might get long something on
Monday, maybe some penny stocks, Fannie and Freddie, although
for the most part I am thinking of a Texas hedge, short
the treasuries and short the dollar. The same trade as
long SPX, for now. Don't want FNM and FRE unless they
start moving higher. Then they could make a big move higher.
Not sure why they sold the crap out of these government protected
and owned entities. I mean, sure they suck, but Ben has a press. -g-
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