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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (78321)1/31/2007 10:20:41 AM
From: Crimson Ghost  Respond to of 110194
 
I do not trust early day drops.

Would not surprise me if we rally hard later today.

That said such a rally would be a good shorting opportunity IMHO.



To: John Vosilla who wrote (78321)1/31/2007 10:30:24 AM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 110194
 
Yup, you can stick a fork in the financials. Interest rates are going up.

You want your housing bust? Now you'll get it.



To: John Vosilla who wrote (78321)2/1/2007 6:35:46 AM
From: Mike Johnston  Respond to of 110194
 
I think the way to play the whole thing is not to short financials, but to buy gold, as the worse things get with bad loans in real estate, the bigger the Fed's response.

The only way the Fed can respond is to add liquidity. Funny, but all the problems have been caused by exactly too much liquidity.

So the boom will continue, but only until a time when people get sick off all this inflation and strip the Fed of its power by withdrawing the money from the US banking system and putting it in gold or other currencies.