cyberman

Now is the Time to Buy Long-Term

Sure, Vahan, buy long term but after this crisis, and the student loan crisis is competed. While waiting, wait until the credit card crisis is competed as well as several others. What crises you say? Well apparently some of the Dr. Senator Phil Grahams deregulating sharpshooters, investment banks, brokerage house, hedge fund geniuses played the same games with these debts as they did with mortgages. Some say they have been Houdinized as well. Buy long term indeed. But not now.

To do now: find a clever way to in effect sell short the current values of these loans wherever and whatever they may now be because like a few smart guys raked it in by figuring the values of mortgage debt and related instrument guarantees (certainly not 'insurance') were going down, down, you may want to bet on the possibility that the same thing is going to happen to other debt classes.

The slow moving roller coaster is at the top of the bell curve and there is a real fun 45 degree downward spiral dead ahead. Find the next equivalent of credit default swaps and/ or ABX shorts which Paulson did and reap billions?

Paulson thinks it isn't over yet according to Fast Money. Maybe not according to Golden slacks either? When it is, only then invest long term. Ask hamburger loving Warren whether your investment dollar is liable to go a lot further. A lot.