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 (92122)	12/30/2009 7:31:59 AM
From: fred woodall	Read Replies (1) of 94695

Morning GZ. I practically fell out of my chair when I saw the gov. is going to throw more money at GMAC to cover mortgage losses. Hey what is another $3.5B on top of the $12.5B they already received? Taxpayer be damned they are willing to sell out our future all for a short term fix. SRS, FAZ and TZA fell into my buy zone so I'm long with small positions since yesterday. Will be interesting to see how the market reacts to this but I have no illusions since they didn't mind Geithner sneaking another $200B at Fannie and Freddie. We're in the Twilight Zone here!!!!

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