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

To: GROUND ZERO™ who wrote (83566)	11/22/2008 10:51:19 PM
From: Paxb2u	1 Recommendation Read Replies (1) \| Respond to of 94695

I don't believe in the accurate prediction of long term charts. Especially if there is a systemic problem with the monetary and financial systems. You wouldn't be able to verify a turn here for a couple of years. I'm with Vi on this one. This system is going down. Gold will be the only safe investment by end of next year. (Disclosure: I own physical gold)Just my opinion. I've been wrong a lot. Peaceb2u

To: GROUND ZERO™ who wrote (83566)	11/23/2008 12:05:46 AM
From: Real Man	Read Replies (2) \| Respond to of 94695

I agree. We'll likely see the mother of all bear market rallies on Monday and for a month or so. I might get long something on Monday, maybe some penny stocks, Fannie and Freddie, although for the most part I am thinking of a Texas hedge, short the treasuries and short the dollar. The same trade as long SPX, for now. Don't want FNM and FRE unless they start moving higher. Then they could make a big move higher. Not sure why they sold the crap out of these government protected and owned entities. I mean, sure they suck, but Ben has a press. -g-