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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (25829)11/29/2007 1:25:47 PM
From: Riskmgmt  Read Replies (1) | Respond to of 217561
 
Hey TJ:
You are making me nervous.
credit crunch will crunch, and no escapees will be allowed once the gates are shut

I am seeing signs of panic and some huge discounting here to clean out the problems. Like the Citadel buy from E-trade.

Citadel is getting E*Trade’s portfolio for a cut-rate price: It is paying $800 million for assets that had a book value of $3 billion.

Message 24094138

Where there is crisis there is opportunity. Citadel seems to practice that.

No question the markets are volatile, I am making money on the Yen but the swing the other day 110 down to 105 and back was some ride. Didn't sell at the high or buy at the low but made some profit in between.


dramatically raised cash allocation
Problem with cash is what do you do with it? You can't have 100% gold portfolio-can you? Besides, think of the thrills you are missing out on, Dow up 330 and Hang Sang up what 4+% IN ONE DAY! Of course it could reverse tomorrow:}