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

To: GROUND ZERO™ who wrote (83584)	11/23/2008 7:53:57 PM
From: Qualified Opinion	Read Replies (1) \| Respond to of 94695

Which side of the trade is a steal ? <g>

To: GROUND ZERO™ who wrote (83584)	11/24/2008 2:02:14 AM
From: oldirtybastard	Read Replies (1) \| Respond to of 94695

looks like C just dropped one big turd and we are going to be fed it over the coming years. you are probably right buying C is a good hedge for this -g- money.cnn.com Government will guarantee losses on more than $300 billion in troubled assets and make a fresh $20 billion injection.

To: GROUND ZERO™ who wrote (83584)	11/24/2008 3:00:48 AM
From: Real Man	Respond to of 94695

684 Trillion are in complete chaos right now, the global market cap was halved. If it wasn't for the Fed doubling the monetary base in the past two months and fighting this like crazy, I'd say this mountain would have to go all the way back to zero before we can talk about a genuine bull market. However, with all this monetization, manipulation and liquidity injections (really an attempt to resurrect the bubble) the game becomes very complicated. Of course, without the Fed this would never ever get this high... Nothing to do with the sentiment, one has to be careful trading the markets based on zad. If the collapse continues, spoos could go much, much lower, and fast. How about 100? Yes, 2 zeroes. That's the other side of the bullish trade, if the Fed loses. If we were on gold standard, spoos would decline 98% as that bubble would completely implode, to zero. We are not, which makes things interesting. -g-

To: GROUND ZERO™ who wrote (83584)	11/24/2008 3:16:24 AM
From: Real Man	Read Replies (2) \| Respond to of 94695

If history of past manias is a guide, the Fed will fail, and JP Morgan, Citi, Bank of America, and Wells Fargo will all collapse before this is over. Small banks that did not really participate in this derivative Ponzi finance will replace them. Many small US banks did not do that! The Bretton Woods dollar-based global monetary system will cease to exist, the Fed will be abolished, and US will be back on gold standard. Hard to say where the DOW will go, either 1000 or 10,000,000. In gold terms it will cost as much as 1/2 Oz of gold, or 400 in Late November - 2008 dollars. -g- Note that with the current policies (save the 4 derivative dealers, forget the cost) and the likely new administration policies (likely continuation of current policies, since the new treasury secretary is the current vice president of FOMC) I tend to think we take the road of hyperinflation, or a complete fiasco of the currency. The DOW will go to 20K then, and much higher. This is the worst possible road to take, which leads to a complete destruction of the country. It is much worse than the great depression. If unchecked, hyperinflation can ravage a country for decades until there is only barter trade and no economy whatsoever. I may be wrong, and derivatives will implode despite hyperinflation efforts of the Fed.

To: GROUND ZERO™ who wrote (83584)	11/24/2008 3:39:41 AM
From: Real Man	6 Recommendations Read Replies (2) \| Respond to of 94695

We will NOT be out of the mess until the creators of it (The Fed, JPM, Citi, Bank of America, Wells Fargo, etc.) are allowed to implode, and the government focuses its bailout efforts on the real, not fictitious US economy. Which is why, I think, the automakers must be bailed out, while the banking bailout package needs to be withdrawn. No, they did not mismanage the auto companies. The Fed mismanaged credit and the currency, so oil went from 10 to 150 in 8 short years. Now oil went back from 150 to 50, and after all these efforts to create fuel efficient cars these companies got screwed again. Unlike WS, they actually are the backbone of the American economy. There are other great American companies as well. Boeing. Technology. Intel. AMD. Apple. Even Google. Those are the backbone of the US real economy, they don't do speculation, they do real stuff. They must be preserved, and we need a stable currency for that. Boosting consumption through more credit? Geez, that's a solution that created this problem. Bailing out speculators again? Letting real economy collapse? Geez, that's really excellent policies, we'll have nothing left but the speculators, so the currency will go to zero. Nothing produced = zero.