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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 58.12+4.9%Jan 15 4:00 PM EST

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To: catflu2™ who wrote (36376)12/3/2008 10:06:08 PM
From: SwampDogg7 Recommendations  Read Replies (1) of 207832
 
buck is going to get repriced
the fix is in
the one thing that can change everything in one swoop

houses are worth more
stocks are worth more
debts are worth less

the first step was announced today in that the treasury is going to put a fixed bid under the mortgage market and try to fix it at 4.50%...they will then nuke the buck and try to hold mortgages firm therefore not hurt the consumer
this will bring down the liabilities on both sides

this will not work and will blow the system to all hell in the next year or two but in the short term the market should rally 50% and gold will go nuts
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