December 20, 2008 –
Are you planning for the light trading that is comming up in the next ten days? Are you setting your portfolio to catch some of the last minute Tax Loss selling that took place mainly in Oct 2008? Did you play the January effect that seemed to happen the last Half of Nov and First part of December? Maybe we might get a Poser January effect but You have to admit that trying to positional yourself in a Market where the US has been slammed while the Chinese Goverment is really starting to hit the breaks is hard. The Europeans laughed at us with our Subprime debt but it should be interesting to see how they deal with their estimated $6 Trillion USD in Emerging Market loans. Talk of Dubia and UAE Realty bust and other Oil countries that spent that $145+ a barrell oil and counted on that money to fund are their grandiose projects now are scrambling to figure out how they will pay all that collateralized debt by oil they assumed would be $150-$200. Goldman Sachs Terrorist Prediction price of $200 after they got $100 right was the froth [more]
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