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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (84625)	9/5/2008 9:09:10 AM
From: Chispas	1 Recommendation Respond to of 116555

Ure's Friday report - what are Landry's clients doing - if anything at this stage in the market. His answer: "We are in short-term treasury ETF's and short the double Dow ETF with 5-10% of our funds." If we take out that 9,300 kind of area, the next fourth degree down level is what? "7400." And then if we step back even further from the chart, what's the next fourth down of a larger degree? "The next one of larger degree is at 3,059" And is there one after that? "777." (Gulp!) The one after that? "That'd be the 1933 low - you can look it up." urbansurvival.com

To: Chispas who wrote (84625)	9/5/2008 10:23:31 AM
From: benwood	1 Recommendation Read Replies (1) \| Respond to of 116555

I opened an investment account with the intent to avoid bad investments, like, say banks losing billions of dollars a quarter with terrible management and no foresight of train wrecks even mere simpletons would discern in the tea leaves. So here I am, forced to pay taxes at jailpoint so I can be compelled to invest in these same avoid-or-lose-it-all enterprises. Sweet. I use the word 'enterprises' rather loosely. Truly not unlike what I'd expect to read of poor saps living, working, and paying taxes in Mexico, or Columbia, or Zimbabwe.