Andy Abraham

Do Central Banks' Extraordinary Measures Reveal Their Fears for 2008?

Who says the market needs to collapse... in 1973-1974...the markets grinded down with intermintent strong rallies destroying equity...as well anything is possible the markets can rally...but the underlying issues need to be addressed and until that happens only more uncertainty and volatility will be present...all I suggest...is have a plan... how to exit with a profit... or know when to take a loss when the trade does not work...

Do Central Banks' Extraordinary Measures Reveal Their Fears for 2008?

I believe the banks need to take their losses which they have not done yet... It is not unthinkable that many of the financial institutions we know today might not be around in several years... but there will be tremendous oppurtunities after this capitulation.. I believe one needs to be patiently prudent... thanks