Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (79751)	3/5/2007 6:39:06 PM
From: orkrious	Read Replies (1) \| Respond to of 110194

@gold stocks -- trotsky, 15:50:44 03/05/07 Mon still outperforming to the downside unfortunately - nevertheless, a playable bounce is probably close (unless the markets crash, with this caveat in mind one should probably apply tight stops). @sub prime trouble -- trotsky, 12:50:39 03/05/07 Mon as mentioned last week, this is something that simply won't go away. in fact, at the moment, even AA-rated mortgage paper is in technical default (!) according to markit: AA-rated paper misses payment - pdf file markit.com and of course, by now everybody has heard the NEW bankruptcy rumors. look at the charts of NEW, NFI and LEND - what a massacre. i have a feeling no-one has thought the ramifications through just yet. banks and brokers are trading heavy, but not nearly as badly as they should. also, this sub-prime collapse is unadulterated bad news for consumer demand at the margin - imo broad-based economic weakness will result due to the belated tightening of credit standards this has brought about, and this will affect not only the US economy. @gold shares -- trotsky, 11:02:39 03/05/07 Mon looking like a short term buying opportunity here, imo. at the very least we should be within hailing distance of a playable bounce. buy what's strong (e.g., today GFI).