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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (82389)10/23/2008 3:07:55 PM
From: Grandk  Respond to of 94695
 
Vi is too smart to believe the down is done. I am sure she simply is stating that this down, like every down in a bear market, will be bought. Only to inevitably get sold.



To: carranza2 who wrote (82389)10/23/2008 3:16:49 PM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 94695
 
This is not the end of the bear market, just looking for the
end of the crash, for now. It got REALLY crazy out there.
Well, maybe it IS the end of the bear market - at least
in dollar terms. <GGG> You can get a dollar crash, and the
DOW in dollars will look SUPER. Zimbabwian stuff, we had
that for a while <G> The answer is - the Fed pumped a lot of
liquidity already, it's got to work at some point, but it
will work to lift the DOW, and gold -g-

The volatility and oversold levels are without precedent,
except for 1987 crash



To: carranza2 who wrote (82389)10/23/2008 4:25:29 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
You know what I'm buying? These are usually the first of
the miners to run in a recession. Ultra cheap too. They
will respond to POG explosion with a 30% upness.
I think POG is currently $100 undervalued relative
to physical demand equilibrium, and all miners are WAY
undervalued relative to POG. Got a 10-bagger on my trading
account thanks to this bear run. 50% dump is nothing
compared to daily fluctuations of puts and calls. POG
upside explosion on the way, IMHO. <G>

Message 25100666