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To: MythMan who wrote (392183)8/8/2009 6:50:39 PM
From: Real Man  Respond to of 436258
 
I am positioned that way, but Hell if I know.
The position is very moderate in these crashy
overbot times. Taking profits and reloading leaps,
so at present I don't stand to lose much.

When I go work for Goldman, I promise I'll
pm you and tell you where we are going -g-

I'm just bullish, based on 2 things:

1) Derivatives were fixed, and I mean it - for now.
The losing counterparty is the Fed, the winning counterparties
are JPM and Goldman.
2) Printalot will run thru December,
the amounts are obscene.

In other words, I agree with Jim Rogers.
He thinks DOW 50-100K, but I am far more
modest in my assessment of the markets.

I think we might see a new all time high by next year.



To: MythMan who wrote (392183)8/8/2009 8:06:03 PM
From: Real Man  Read Replies (1) | Respond to of 436258
 
One thing in Noland - Ted spread hit new lows. Derivative
pyramid is fully liquid. This is the so-called PPT the bears are
referring to. I would not expect crashes because of that,
except up. Liquidity is the inverse of volatility in C+++



To: MythMan who wrote (392183)8/9/2009 11:22:15 AM
From: Real Man  Read Replies (2) | Respond to of 436258
 
A lot of bull partying is going on as
we head into extreme overbot. I mean,
here on SI.