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To: Crimson Ghost who wrote (3812)11/22/2008 6:00:54 PM
From: LTK007  Read Replies (1) | Respond to of 3906
 
Thanks, given that his PayPal renewal system is now malfunctioning to the extreme, so i will not get his next news letter this week.

Important: i have NO DOUBT we are going to have a feirce bear market rally BUT i stress Marc Faber is NOT pinnind it to closer that "At sometime within the next three months" --go back and one will hear those words are the closest he gets as to THE WHEN.
It behooves us to ourselves recognize the when ourselves, truthfully all are GUESSING now.We all know a sharp bear rally is in wings, that i feel will retrace 50% from its move down from 1287(that is when we strated to fall apart. That would be in 1025 area from the last low, a EXTREME bear rally could POSSIBLY reach 1150, but i doubt it .)

i am in UYG because went in at extreme lows, i think 10 is given from where ever its starts based no more than short covering.
So i feel safe with that---gooes to 2 i add.
As he said CITI maybe 0 at some future date, but it could easily double from where it is now. UTG is a basket, utterly crushed.
Did catch what he said about the future well out "In Theory this could be WORSE than The Depression"

i am looking at grossly /incredibly oversold miners and other commodities, such as UYM ultalong basic materials, now down 92%! They are being priced to levels where demand for basic materials drop to like 5% of what was before, or whatever--point being these miners/ silver/gold basic, have been crushed beyong all reason.

AUY/SSRI just two i am viewing.



To: Crimson Ghost who wrote (3812)11/23/2008 12:03:47 AM
From: zebra4o1  Read Replies (1) | Respond to of 3906
 
Faber put in a plug for CRESY - been sniffing around it myself now that it is down to $5. Believe CRESY was what first brought me to this thread. Somebody around here follow it?