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


To: Tommaso who wrote (95546)7/11/2008 2:20:52 PM
From: John Vosilla  Read Replies (2) | Respond to of 110194
 
SKF is now the chart of a bubble going to extremes<g>

protect your profit and don't play on fundamentals alone..VIX has shot up to almost 30..

Some shmucks shorted Freddie Mac today after it went down 45% and got clobbered now there are many shares to short again as it went back to break even on the day..amazing this ponzi scheme

Now we have a coming up reversal move in sister stock UYG from a stock market crash bottom that is an incredible opportunity today much more interesting than even the opportunity betting against financials just a year ago.. Folks thinking Citi, JP Morgan and Bank America going to zero and putting our democracy at risk seem way to doom and gloom to me. How can it be fun at this point when the news is priced in and now every suit in DC and on Wall Street knows what we were talking about 2 years ago?