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


To: GROUND ZERO™ who wrote (84884)1/8/2009 11:23:08 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
They sure will as a whole. Some stocks are sold for a song, so
I sing. In particular, with Obama administration in office, I
give 90-100% chance of survival (no BK) for US auto makers (F and GM).
The market gives 10% at best. That's a valid reason to get long. -g-

Fannie and Freddie? Well, at below a buck they may be worth
the risk of complete nationalization, which may or may not
happen. Market cap < 1 billion. They control the whole US
housing market. On the other hand, if things improve a bit
and the government releases
them from conservatorship, the bulls are set to make at least
2000% from the current levels if not 5000%. Goldman thought so and bot
'em in November for a song, I decided to duplicate. They
can't go BK, cause US government is behind 'em. Of course,
the bears say - things will NEVER EVER improve, but these
printed $$$ can do magic to both commodities and assets -
in particular, push the housing prices up. Note that the latter
is now a US policy, the goal of the monetary policy
no matter what. -g-



To: GROUND ZERO™ who wrote (84884)1/8/2009 12:41:44 PM
From: clutterer2 Recommendations  Respond to of 94695
 
they need to toss madoff behind bars and lose the key or bring back the lynch mobs.....



To: GROUND ZERO™ who wrote (84884)1/8/2009 6:52:15 PM
From: stockycd  Read Replies (1) | Respond to of 94695
 
For stocks, it looks like to me that we are trying to build some sort of freaked out wedge and that it could break down any day. I need to see some serious moves to the upside to believe this. Hedge fund redemptions are looming. The coming inflation is probably going to fark us all.

cd