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


To: elmatador who wrote (41826)10/26/2008 5:56:02 AM
From: TobagoJack  Read Replies (2) | Respond to of 218085
 
no new order possible at this stage, imo, but am willing and prepared to be surprised, in just about all cases

no firm convictions, other than a 50+% bounce, always possible, and if so when so, sell, and not short, as opposed to buy now, sell later, and short again; and maintain faith in gold.



To: elmatador who wrote (41826)10/26/2008 11:22:08 AM
From: THE ANT  Respond to of 218085
 
The US should be using treasuries to borrow and buy a 50% stake in all the worlds emerging markets.Then when the dollar squeeze is over and the dollar plummets we would be in great shape.It is riskier for an individual to do this as if the US govt did it there would be the assurance that the dollar short squeeze would end



To: elmatador who wrote (41826)10/26/2008 11:40:44 AM
From: prosperous1 Recommendation  Respond to of 218085
 
The fact that US govt is using $700B bailout money based on the "purpose of the hour" makes it amply clear that they neither understand the solution or have a plan to steer through the crisis, going back to more rate cuts is also indicative they are falling back to something that has proven not to work but is the only thing they can do, it just buys time to push the problem to next admin.

By the way, did my duties on the weekend and voted or Obama and Merkeley, I am quite positive on them as I see them leading us to a less reprehensible economic disaster and tempted because there is a small likelihood that they will tell less lies to people :-).

Also pulled in some future shopping as a consumer to help the economy, the call to do it now or later was a tough one and I could be wrong because spending consumer dollars in the future could be arguably more valuable if the economy is in a bigger ditch :-(