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Radian Group Inc. Message Board

  • pepsiberger pepsiberger Dec 4, 2012 9:54 PM Flag

    Shorts know more than we all give them credit

    The market is holding till the fiscal cliff issue is addressed. Then there will be a final rally for the market before it plunges into a serious bear market early 2013. This will kill the hopes of many in companies like RDN , MTG AAPL ectera. When the government is sucking out all the available treasury to fund the biggest ponzi scheme in world history, socialism and freebies to all in America for your vote, there is little for the engine of the economy to borrow. Furthermore, the value of the fiat currency just erodes causing the standard of living to plunge which will further be catastrophic for America as there will be less growth in our population to serve as a taxable base. Higher taxes will nail the recovery door shut until there is a real change in government deficit spending. So let us all enjoy the false recovery of the improving MI insurers business climate because it will not last much longer. RDN knows this that is why they are trying to buy time with the debt rollover.........

    Sentiment: Buy

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12.32+0.11(+0.90%)May 25 4:02 PMEDT