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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (47357)	3/18/2013 10:31:37 AM
From: Augustus Gloop	Read Replies (1) \| Respond to of 219532

Correct. I'm not sure if SIPC and FDIC cover a total of or a combination of all so my "correct" response may not be correct. SICP is 1 mil, FDIC is 500k and SIPC can be dicey. If we saw systemic insolvency the reality is that FDIC could payout around 1% on the dollar. Of course were that to happen we'd all be bartering for food and likely about to have a civil war

To: GROUND ZERO™ who wrote (47357)	3/18/2013 10:32:24 AM
From: Fintas	Read Replies (1) \| Respond to of 219532

Who says they have to take it. They could just tax it to get you to put it to work. That IS their goal. PUT it to work. Firm up the system. Now when the talking heads do the not to worry re Cyprus and can't happen here. Or when they do any sell off will be limited to 1%-2% keep in mind that they do have an agenda. The bottom line is many are overbought, need to get some relief. Cyprus is REAL and just the tip of it. Fed has been doing their coercing. It's not IF we roll but from what level and then it's how deep. Watching the buying come in that also supports my view of it will take TIME for the next bottom to be put in. Expect negative surprises. Then you will not be surprised when they happen. IMHO Fintas