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Pastimes : The Philosophical Porch
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To: westpacific who wrote (5705)5/30/2010 10:50:42 AM
From: Rarebird  Read Replies (2) of 26251
 
It is amazing how so many people run away from the Truth (unconcealedness), the Truth of the next Great Depression and severe bear that is coming. The seeds are already here, the roots are growing. I would not even consider buying any individual stock unless it fell at least to its book value. The coming bear will be so severe that even I cannot fathom the tremendous damage (and loss of confidence) that will take place.

TLT, UUP, EUO and YCS (on dips) are my holdings.

This is the time to preserve and protect one's wealth.

Shorting junk bonds should be quite profitable.

Those who only possess a short term outlook will get burned here.
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