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

To: GROUND ZERO™ who wrote (79819)	3/18/2008 9:04:43 AM
From: Real Man	Read Replies (2) \| Respond to of 94695

We'll see. <g> There will be quite a few more banking and brokerage failures, and this rally will be a nice selling opportunity. Short term fear is indeed extreme. I'll buy C in single digits, if it gets there during this mess, and I am currently accumulating F at 5 and below, and GM in the teens - bot some F and GM Yesterday. It could be a rough ride, since technically they have not bottomed, but when they do turn, I expect to make some serious buck, provided that they don't go broke, of course. Don't think this is over just yet, even though it may feel that way in a couple of weeks -g- I'll lighten up on F and GM a bit if they rally a bundle. I expect the bear wave to be over by Fall, but we are going a lot lower. Maybe this will last much longer. Gold has a lot more upness to it still, IMHO, even though there will be sharp breaks. I have also been accumulating some SA gold shares on dips, although my position is for the most part physical. Basically a dollar short bet. The dollar declining against Yen is bearish for financials, but very bullish for Auto manufacturers -g-