Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: energyplay who wrote (41756)	10/24/2008 10:03:07 PM
From: TobagoJack	Read Replies (1) \| Respond to of 220168

- mainland returnee harvard b-school graduates have their job offers rescinded, and swapping their 200k/annum expectations for chance to interview for 50k/year opportunities - mainland tycoon blown to bits by swaps - well-to-do hk professionals and tycoons' wives and ex-wives blown to bits by derivatives - hkg/usa folks losing life savings - factories shutting down - ship contracts evaporated => eventually the mess will wash onto german banks - all reviewing stance and budgets - one english friend just fired 70% of his hk staff, retaining 15 folks, as no investment banking deals done since may; he is personally ok, lots of cash, and is leading a schema for and on behal of the wronged against gs of ny in ny by using hkg's rather draconian law against multinationals operating behind corporate vails, and he is a fighter - and all that just in the first 60 seconds of the movie, before the title is even shown on screen?! i have been bearish and making money until june/july (so long ago), predicting the mother of all planetary pricing reset. now that it has finally shown up, big, hideous, ferocious, merciless, and very hungry, i am impressed, and admit so. the initial 5 waves of attack have of course hurt me, not fatally, but not exactly not noticed. the dark reminder in hkg is "remember butch cassidy and the sundance kid, where one said to the other, "i wonder where do they all keep coming from" my nav seems to be in a time machine, travelling backward, receding, although the pace has slowed somewhat. what i am terrified about is what silly mistakes will i be offered an opportunity to make going forward (like, will the ultimate low result in a 90+% giveback on the S&P500 to 1982 levels, and see GE yield an impressive 8%?), in this death match tournament where no one is allowed to win, for long, no pause button, no null position, no stopping of the music, and no prisoners. next episode: seemingly smart folks generally figuring a 50% suckers rally bounce, to disgorge trapped shares at 40% level, and short at 50% level, starting with coming monday buy at interim low