Massive new programs aimed at loosening credit [more]
Cannot imagine how bad buys get their bailouts.
Auto guys are at worst slopply but not being greedy thieves like financial guys...
USD is going down ...
C bailout may provide some short term rally to the market. Just like BSC bailout rallied the market for almost 2 months after. However, fundamentals have not changed. Shorts will still look for good entry points to sell shorts over-leveraged pig stocks. [more]
Even before the next Treasury head was picked today.
Asian stocks rallied even DOW plunged to 7500 yesterday.
All these are telling us:
The world is so fed up with US. They are saying, we don't need your leadership. US has lost its credit. USD is showing weakness against major currency.
Long gold and gold stocks. Short USD ...
Stock oversea jump even when DOW reach 7500 new low. Gold starts rallying 3%. I think it spells big trouble for USD.
Financial firms will continue to suck in US with its exposure to CBMS. Just watch more retail, office, hotel REITs to fall hard toward January.
With stock market new lows, deflationary recession, rising concerns on CMBS, massive layoffs and panic consumers, it looks to me that the rate cut will come before the next FED meeting.
This could happen before option expiration day...
Just don't forget to buy some cheap nov Call to protect yourselves if you are shorting...
I will have 2 funds. One to short and one to long.
Same stocks and same allocation but opposite positions.
I will charge if the fund is making $$$ on every Qtr end.
If the fund is losing money, its my client's fault, he or she picked the wrong fund.
Anyone interested to invest?
I think days of retail and commercial REITs are numbered...
They will drop even bigger when Xmas sales come out.
Stocks are rallying during his speech in G20 meeting on Capitalizm...
It is a confidence issue now ...
Recently, gold price went up during Asian and early European trading hours and got dump during the US trading hours.
Is US treasury dumping gold to support USD so that it can sell more T-bonds?
Which one will go up fater from here? FAN or TAN?
On 11/05/2008, day after election:
wind power ETF --- FAN @ 14
solar power ETF -- TAN @ 13.7