I actually agree. I exited my shorts on Thursday. It is very likely, that we have reached an intermediate bottom, and we will see a wave up, which could be two days or two months - who knew.
In the longer term, it is my opinion, that we are only half way through the bear market. This is what it feels to me - a rebound, half way through this adjustments.
We baby boomers, need to deflate assets before we retire, so the next generation can live their American dream....
For these toxic assets - 10 cents on the dollar - MAX !!!! They should have it in this ousy legislation. Look at the Merill lynch deal - they figured it out right.
The Crash of 2008 [View article]
In the longer term, it is my opinion, that we are only half way through the bear market. This is what it feels to me - a rebound, half way through this adjustments.
We baby boomers, need to deflate assets before we retire, so the next generation can live their American dream....
The U.S. Economy After the Bailout [View article]