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To: Crimson Ghost who wrote (3711)11/13/2008 3:05:35 PM
From: LTK007  Respond to of 3906
 
i assume Lee challenges Russ with, where is the money going to come from.
But this is Obama's indicated direction.
i do have companies like ABB on watch, now a P/E of 5-1 at 10 dollars(down from
33 dollars), We also have CAT and CHN (CAT P/E 6-1. CNH P/4.5-1 Cat down to 38 from 85 and CNH down from to 15 from 70!)
Thanks to 8 years of Bush the infrastructure is falling apart and estimates are as high 2 trillion is needed to repair are infrastructure.
Bush manged to both utterly destroy Iraq(at an estimated cost of 2 trillion to the U.S.) and allowed our own infrastructure to fall apart where it needs 2 trillion to fix it.
The single most rotten president in our history, and one of the most vile leaders in WORLD HISTORY.
We will reap the whirlwind for this country's UTTER FAILURE UTTER LACK OF WILL to stop this psychopathic little megomaniacal pipsqueek.
Max



To: Crimson Ghost who wrote (3711)11/13/2008 3:22:51 PM
From: LTK007  Read Replies (1) | Respond to of 3906
 
why i hesitate, Say at went 100% ultralong at 860SPX via SSO.
A drop from 860 to 720 seems NOT huge, but it is huge, it is 20% , and ultralong you would be buried at -40%.

i am glad you haven't backed your bullishness with GOING FOR IT!-- you hold just USO is better than me with my nibble of UYG :)

So a drop from 860 to 720 is roughly equal of drop from 1500 to 1200. Low numbers can be like the Song of Sirens to ships at sea be, in EXTRAORDINARY times like this, how many ships have already been wrecked trying to catch this bottom???. Max