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


To: GROUND ZERO™ who wrote (79821)3/18/2008 9:31:59 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
This is a bear market. Sharp rallies, sharp drops. <g>
Some stocks are insanely low. That includes GM and F. They
can go lower, but there is LT value to them if they don't
BK. Clearly, I think they won't, even though one of them
might, and the BK is already priced
in the bond market anyhow. So, I guess the market can
be irrational sometimes. I like buying their property on
70% discount. -g-