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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (46903)	2/26/2009 8:08:45 PM
From: carranza2	Read Replies (4) \| Respond to of 219700

The rumors of the USD's collapse, like those of my death, have been highly exaggerated. vbg. Those who, like me, believed the USD would collapse in the near to mid-term did not anticipate the extent of the global decline nor the extent of the flight to safety it caused. From a fundamental standpoint, however, the conditions for the collapse of the USD or a very substantial decline in its value are still there. I do not presently hold any forex. I own microtranches of a couple of seriously beat up (no longer) large cap financials, big wads of Treasuries, a micro tranche of DXO, a bit of PWE yielding about 12%, gold. Treasuries, cash and gold make up the bulk of my stuff. I am waiting in the bushes ready to pounce on exceptional good stuff once it is safe to go outside. Taking a hand-rubbing, salivatin' look at GE in single digits, a few others. There's lots of time and grief and doom to go. No rush here. Shoot, I'm even looking at Ford. At the present price, what's there to lose? Upside could be tremendous.

To: Snowshoe who wrote (46903)	2/27/2009 3:43:48 PM
From: elmatador	Read Replies (1) \| Respond to of 219700

In many countries reality ha snot yet settled in. People are not yet aware of the fall. The first-quarter G.D.P. report may be as ugly at the one for the fourth quarter Auto Sales Down? Again? Today’s report on fourth-quarter gross domestic product is old news. It was clear the 3.8 percent decline previously reported had to be reduced, in part because exports were so weak in December. It came in at a 6.2 percent decline in today’s revision. What is news is that Ford said February car sales are going to be lower than January. The fourth-quarter number — an annual rate of around 10.3 million vehicles — seemed very low, but the January figure of 9.5 million was much worse. And now February is even lower? What that says is that this recession is showing no signs of easing. Add in Thursday’s report on new home sales, and you get a picture of an economy that has stalled. The first-quarter G.D.P. report may be as ugly at the one for the fourth quarter.