SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Think4Yourself who wrote (171739)12/16/2008 3:30:16 PM
From: XoFruitCakeRead Replies (1) of 306849
 
"And the dumbazz managers of the non-hedge funds are parading on CNBC saying how they are buying, and this is the opportunity of a lifetime"

heh heh, I think we are having an opportunity of our life time, just not in US equity. Muni CEF are in crazy yield territory now. So are investment quality bonds. Shorting US treasury seems to be a good ideal and so is any bet against USD.. With short term interest rating approaching zero, USD will be the currency of choice for carry trade. A lot of interesting things will happen...

Hedge funds industry already collapsed and they started deleveraging since Jun/Jul this year.. Right now they are on their knee scraping the floor with stuff that they cannot sell to satisfy redemption (hence their attempt to hold off redemption)... I think 1Q 09/early 2Q will be the climax of the hedge fund demise.. Most if not all of them will blow up by redemption by then and we will be done with our correction. Massive redemption is the best way to expose ponzi scheme, we will find out in the next couple months if there is anymore of Madoff somewhere.

I think my IRA has decent bond funds.. Bond is one area of value in this mess... Why stop..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News