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Moon Kil Woong is a
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I fear to tell you, I think the odds 2009 will end up down from the end of 2008 is quite strong. If I was laying odds I'd easily buy at 4 to 3 odds. Does that mean shorting is good in my eyes? Yes. Especially if it hedges your long positions. The odds it will end lower than the lowest bottom of 2008 is a bit harder. I'd give even odds without too much thinking.
Jan 13 03:58 am
|Rating:
+4
0
All Comments by Moon Kil Woong »Are New Market Lows Likely in 2009? [View article]
I am stating it in odds because banks and financial have turned everything into a giant casino. And the house is crooked as hell.