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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Rolla Coasta who wrote (39739)	9/10/2008 12:20:14 AM
From: TobagoJack	Read Replies (1) \| Respond to of 220399

<<Watch the real estate market in HK, gonna be utter destruction in price>> ... watching and hoping, and praying for destruction, but no movement as yet, and in fact prospective buyer offering 2x cost for something bought back in feb-april 2007 (price set-closing) based on prospective yield in relation to bank deposit, and we are saying 'must better offer before approaching board for approval' because we do not wish to increase yieldless cash one's allocation stance + feel on the future => dictate one's position regarding enthusiasm for ramp vs crash, and that, in effect, determines whether one is at null position. just in in-tray From the FT today: "AK Steel dropped 11.5% to $35.65 after one of its leading shareholders offloaded 3.1 million shares." Hmm. Reckon it was Harbinger? Even if it wasn't, it appears that some big hedge funds are beginning to puke / capitulate... and earlier ... Harbinger who owns 16% of FMG AU sold a stake of AK steel last night. The stock is down 16%. It seems the forced liquidation of materials is underway full force ...