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


To: benwood who wrote (85035)8/14/2007 4:22:28 PM
From: Sea Otter  Read Replies (3) | Respond to of 110194
 
I just rolled my Schwab MM into T-bills.

Probably an over-reaction on my part. But, just in case ...



To: benwood who wrote (85035)8/14/2007 8:41:21 PM
From: John Vosilla  Respond to of 110194
 
What are we hiding from? US dollars becoming worthless, bank's going insolvent, crashing stock prices or crashing RE values? The glass is half full or half empty<g>..

Bottom line if a Bank America or Wachovia goes under or the DOW goes to 3k we are all in trouble.. Odds of that happening as likely as the dollar becoming worthless this upcoming cycle..