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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (157024)	10/14/2008 9:52:22 AM
From: DebtBomb	Respond to of 306849

I'm going to trade it too....depression trades....sell every rally....and buy gold. ;-)

To: patron_anejo_por_favor who wrote (157024)	10/14/2008 9:54:01 AM
From: Think4Yourself	Read Replies (1) \| Respond to of 306849

I also agree it's a bear market rally in general, BUT the financials could really run on the new programs. They were severely oversold, and are probably still oversold based on the new environment they are operating in. I am hoping people are piling into the financials on the short side today. That will cause further upside when the funds start buying back in. David Faber now saying dividends on bank stocks are NOT being suspended by the government for banks participating in the program. They can't raise dividends without govt approval and the government can suspend dividends if bank misses a payment to government.

To: patron_anejo_por_favor who wrote (157024)	10/14/2008 9:57:36 AM
From: Perspective	Read Replies (1) \| Respond to of 306849

Just don't pull a Jesse, n'Kay? jesse-livermore.com 1929 52 Jesse Livermore's greatest moment as a trader. He goes short in the great crash of 1929 and makes a profit of around $100 million. 1933 56 The police are called when Jesse Livermore apparently goes missing. One day after disappearing he returns home, walking unsteadily. He says he spent the night in a hotel and awoke with a blank mind. Reading newspaper headlines about his disappearance brought him to his senses. His doctor's verdict: "Amnesia nervous breakdown." 1934 56 Jesse Livermore is bankrupt. He has lost his entire trading fortune. How he did this is unknown. He is not destitute - his family annuities save the day. He and his wife sail to Europe. "I hope to relieve my mind of some of my troubles." The bear's after us all... `BC

To: patron_anejo_por_favor who wrote (157024)	10/14/2008 9:58:16 AM
From: DebtBomb	Read Replies (1) \| Respond to of 306849

Every bear market rally has beeen getting shorter and shorter....the public is getting smarter and smarter....they are figuring out what happened over the last 8 years, IMO. I know folks that have cashed in mutual funds.....and they ain't going back in. Get Dent's book in Dec. on the next great depression, IMO. It should be worth a read. Another good book that came out in 05 is Warren Brussy's the second great depression, 2007-2020. It's full of great stats.