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To: Crimson Ghost who wrote (65060)4/10/2007 10:47:28 AM
From: LTK007  Read Replies (2) | Respond to of 116555
 
Even The Spear Report is in "O wow GOLDILOCKS!!!! Can't get better than this can it?? Subprime problem overblown.Housing, no problem!" Only good thing is TSR investing system is such that you don't have to be right--you go by the ststem.
But what do you think of Faber's belief in DOW drops 10% from this years high and Financials 20% from this year highs he GUARANTEES WS phones will not stop ring Bernanke until he "gets the message", i imagine the message will be like this 'Cut now!! We are the Big Boys. Cut now or die!!'
And Faber believes Bernanke will obey poste haste. Lie maybe 'Yes Sirs. any thing you say Sirs!! Rates i slash' . max



To: Crimson Ghost who wrote (65060)4/10/2007 12:19:13 PM
From: LTK007  Read Replies (2) | Respond to of 116555
 
FWIW:IranWar? Russian General Says U.S. Continues Preparations for Iran Strike
Created: 09.04.2007 09:44 MSK (GMT +3), Updated: 11:38 MSK

MosNews

The release of the 15 British sailors and marines captured by Iran has robbed the U.S. of a pretext to attack Iran, but the U.S. has not given up plans to attack Iran militarily, president of the Academy for Geopolitical Problems Colonel General Leonid Ivashov was quoted as saying by the Interfax news agency.

“Preparations to strike Iran’s strategic facilities continue. Three major groups of U.S. forces are still in the Arabian Sea and the Persian Gulf. Altogether, they have up to 450 cruise missiles on alert,” the general said.

“Military operations against Tehran will begin with the launch of at least two unexpected strikes using Tomahawk cruise missiles and air power in order to disable Iran’s air defense capabilities,” he said.

“According to our data, up to 150 aircraft are to be involved in each strike on Iran. Land-based air defense systems will be disabled in the first place, then mobile short-range systems, which Tehran has (including some 30 new systems),” he said.

Primary targets will include command centers, air defense installations, the navy, airfields, ports and docking facilities, the general said.


“Nuclear facilities may be secondary targets. According to expert assessments, at least 20 such facilities need to be destroyed in order to stop Iran’s nuclear program,” Ivashov said.

***Ivashov did not rule out that nuclear weapons may be used against Iran.***

“Combat nuclear weapons may be used for bombing. This will result in radioactive contamination of the Iranian territory, which could possibly spread to neighboring countries,” he said.

“If Iran strikes back at Israel with missiles, Tel-Aviv is likely to use nuclear weapons on Iran,” Ivashov said, adding that such a “development of the situation would undermine stability not only in the Middle East, but also in the entire world.”



To: Crimson Ghost who wrote (65060)4/10/2007 1:54:09 PM
From: NOW  Respond to of 116555
 
it is fashionable to sound conservative



To: Crimson Ghost who wrote (65060)4/10/2007 2:54:01 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 116555
 
It seems obvious that a large decline in housing prices has to be followed by a stock market decline, but history doesn't agree completely.

Just think of the "huge decline" in home prices following the NASDAQ collapse in 2000 - ha ha , not. Even Warren Buffett assumed housing would tank then - but we forgot about the Fed.