hello p1976, your comment was taken to be fun and only that.
my figuring have not changd, and to sum:
(i) after the false rally has spent itself, lower lows for sure
(ii) the balance sheet hit will be enhanced by income statement slam, worsened by political idiocy, insulted further by mob action, finally, and eventually, after a long agonizing progression, a bottom
(iii) as there is no reflective learning as yet (in truth, the baby boomers having lost 50% of what ever they had at december 2007, are not even panicked) the biblical teaching must continue until sincere reflection takes place, night after night, say at around 2:30am local time, for about 3 hours or so, followed by more disturbed sleep
(iv) i think srs would be an excellent wager, but only if hedged with gold long, and
(v) ideally, the gold long should be hedged with platinum long, 1:1
cheers, tj
p.s. it amazes me that bulls dare to imagine that the punishment is over, but we should embrace the just rewards sure to follow |