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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: JimisJim who wrote (71479)9/18/2008 3:53:31 PM
From: Little Joe  Read Replies (1) | Respond to of 108909
 
JimsJim:

Does anyone understand why this is bullish for the market. After all the bad debt will still have to be absorbed. Sounds like a shell game to me.

Little joe



To: JimisJim who wrote (71479)9/18/2008 4:01:29 PM
From: isopatch  Read Replies (4) | Respond to of 108909
 
I luv it! Monster monster rally for a day or two til someone thinks to ask WHO is going to spring for the cash to finance...

"SON OF RTC" ??

Going to be a mountain of money printed to do it. And the $64 question remains:

WHO is going to buy ANOTHER mountain of fiat money bonds, on top of the mountains just issued for the AIG life preserver?

This is really a hoot. Dunno exactly when. But, will probably do some selling into strength between now n early next week and reload some PM stocks. We'll see...

Iso



To: JimisJim who wrote (71479)9/18/2008 4:55:13 PM
From: Eva  Respond to of 108909
 
Oh yea, that's what it was, a hanky panky