Troutbum

Playing for a Bounce?

I'm on board; good to see all the naysayers here another sign of irrational panic and capitulation. Anyone who thinks 30% moves in Goldamn or Morgan are justified do not have a clue.

Just how far do you think governments (all governments) will let this panic go?

Re: the short selling- layoff the guy. Naked Short selling has not been illegal- coupled with the no uptick rule has lead to the markets moving too fast...well beyond fundamentals and the abiliyt of institutions to react.

So bottom line; once governments step in, slow down the action, bring a little rationality and stability back...money will flow back in and there will be an updraft...significant updraft as we are way oversold.

I'm not talking raging bull only more than a dead cat bounce...and I am in for the ride baby.