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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (76810)9/8/2007 8:02:25 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
We'll see GeeZee, but it appears the credit bubble has now
popped. I hear a popping sound, more like the popping thunder. My bet is
the credit mess will make it to stocks very soon, not very
bullish intermediate term, in fact, very 1929-ish.
Many saves will be attempted, but
this one is hard to impossible to save, it's a lot bigger than
the Fed. It now looks like the Fed is trapped, since their
cutting action is met promptly with Mr. Market's dollar
selling. But... I'm always ready for another bite from the
cornered animal. They managed to prolong and extend the bubble
for a very long time.