Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: rsroberto who wrote (99237)	9/7/2008 11:57:55 PM
From: gongoman	Read Replies (1) \| Respond to of 100058

UPGRADES DOWNGRADES I had heard on CNBC a few days ago a brokerage house had upgraded X and then the very next day DOWNGRADED it by 60.00, just after doing the downgrade of course it fell out of bed . How can this be legal ?

To: rsroberto who wrote (99237)	9/9/2008 11:42:26 AM
From: shadows	Read Replies (1) \| Respond to of 100058

Asset prices,and particularly those priced in $,are vaporising at an alarming rate.Balance sheets and the entire financial industry is probably technically insolvent ala FNMA/FMAC.Their is a credit crunch globally and no liquidity.Domestic institutions have a huge need to bring $ home as they are short cash,hence the constant bid for the $. Who knows when the trade ends,but what do you want instead-£(yuck),yuan/yen,roubles(pass),perhaps the euro(but Italy,Spain,Ireland crashing whilst the French are...interesting!). Me,I hold 3mth bills,cash for personal use,have no mortgage or debt,and a 15% position in Gold(been in the latter for ages,which I will pass on to the kids).Mining is my only stock exposure as I like the story.Also, to be a successful market investor you need to be a genius and/or an insider.I'm clearly neither!