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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: CashWhore who wrote (202251)8/8/2011 5:14:17 PM
From: RMF2 Recommendations  Respond to of 313059
 
I'm hoping this was the "capitulation" day.

All my Jrs. got hit but nothing that can't be recovered from quickly and the only thing that was up appreciably was gold and that's what just about all my Jrs. are into.

Like other people have said, this is a sovereign debt and slowing economic growth crash, not a "liquidity" crash like we had in 2008 (thanks to the ECB deciding to buy a bunch of Italian and Spanish paper).

Now we're even seeing folks like JP Morgan recommending gold, which seems pretty good for this sector.

Maybe the Jrs. can finally get some play now with EVERYTHING ELSE looking like crap????



To: CashWhore who wrote (202251)8/8/2011 5:43:09 PM
From: Canuck Dave3 Recommendations  Respond to of 313059
 
"90 percent of baseball is half mental." - The great Yogi

I think the Powers want to flush the markets to get some traction for QEn, and the rest of it is herd mentality.

CD


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