Already had the big moves down!
Markets are way oversold; bargains galore; some have huge divvies ...if you have cash!
Redemptions, hedgies getting huge margin calls on stocks & commodities(gold, oil grains,etc)
and instis raising cash against runs have created the oversold condition!
Some selling Friday but bargain hunters & PPT will insure Friday ends positive like Thurs.
Trade the ups & the downs & enjoy!
AIG closes up Friday after the weak, the lame & those needing cash to survive sell and bases at $4
plus by mid 2009 BECAUSE Liddy is a WINNER!
And Paulson will help insure that!
Have a great TRADING day or buy/hold & go away until June 2009!
Down 250 at 2:00 am!
Wild times in the market these days!
No stock is safe... HEDGE FUNDS ARE DESPERATE!
Look out here they come! and will continue to come in waves until at least after the election if not until the end of the year... maybe even through Tax time in 2009... my sense is all the tax selling is taking place prior to the pres elections.
It already sucks so bad... you just have to be willing to sit and hope what you have doesn't go BK!
Man... I thought 2000 was a shalacking!