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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (67184)8/5/2007 12:46:44 PM
From: TH  Respond to of 116555
 
Jim,

Thanks.

I'm a bit nervous about the potential for the happy-talk lip-service. I'm not going to cover my dow, s&p, homie, and financial shorts, but I'm considering some very short term calls for Monday.

Still, part of me thinks to save the cash and roll the dice. I'll probably just let all the shorts ride.

For the first time in a very long time I think we may have some downside that is going to stick for a while. The Feb downdraft never had the fear to a level to prevent the snapback bounce we have all come to expect. This credit implosion is still in the very early innings.

Good Trading
TH