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To: Perspective who wrote (8704)9/25/2008 8:03:35 AM
From: robert b furman  Read Replies (1) | Respond to of 41414
 
Interesting that the bailout is about 5% of mortgages /Bernanke's testimony.

Recover the fees and throw in 1% for the mess to cleaned up.

First time the government looks cheap - only when compared to the greed of wall street.

Bob

Can't help but think the lacl of leverage in equities will put some faith back into them.

Much of which as lost back in the dot bomb days of 2000.



To: Perspective who wrote (8704)9/25/2008 1:17:00 PM
From: Galirayo  Read Replies (1) | Respond to of 41414
 
>>The derivatives are black holes. They can't recover.<<

I've always tried to purchase the price point. I learned that from a fellow distributor and very smart man .. he said ..

"If you Buy it right you can always sell it for a profit."

There has to be some Base Underlying Intrinsic Value that works.

I hope the Gvmt "Buys them Right" .. 10 cents on the dollar site unseen may be good. Higher if you can examine the contents. If they pay too much .. they are nothing but Political Fools Dancing on Robber Baron Strings.

They'll Print Paper .. Blow up the $USD .. the US will continue on Sale at Deeper Discounts .. Create a Surge in Commodities ... and make it worse in depth and duration of the Recession. Maybe throw us in to Stagflation.

We'll know soon.



To: Perspective who wrote (8704)9/25/2008 1:32:47 PM
From: Galirayo  Respond to of 41414
 
Anyway .. Back to a chart ..

I'm looking for the Development of a Triangle here ..

stockcharts.com