James

Doubling Down on Continued Weakness in Real Estate, Financials

I do appologise about typing errors...my keyboard needs a clean.

Doubling Down on Continued Weakness in Real Estate, Financials

The market will not collaspe - even though I wish it would. I am short and have been for long time Ibelive 12 000 is our next target, banks need to sell stock to shore up assets and get their books more into balance. I also think the equity compoenent of some of the toxi waste that has been sold will also be realised. The credit markets need a capitualtion as well, this will be the beginning of the end (but not the end) as it wll cause a further month of declines after it happens.

When the market goes down it causes a mania between the bears, but they have to keep some objectivity. These are the Bears that said the Dow was going down to 5000, instead it rallied to 14 000. Yes the market/ecomony is in a bad shape, yes the market will go down (I hope lol ). But Amercia is not about to go bankcrupt,collaspe and die. Come on bears...get a grip. It not your friend down the road who's lost all his money. This is the biggest most power nation in the world.

I think the dollar has aropund another 7-8% to go. But if that does happen and it stabilises. Think about all the foreign investment that will flood in to USA (China/Japan etc etc). Also if sanctions are put on China imports (which they should have been at least 2 years ago), think about domestic demand that will create. They are lots of very big factors that people are not lookign at because they are concenrating on the Sub Prime issues. In the enxt few months, I think everyone will be so bored with hearing Sub Prime - Sub Prime that there risk aversion will start to subside.

Of course you all know that 50% of the credit problems are due to confidence issues among the participants. Why ealse has the USA government be buying the equity market everytime it falls sharply.

Any Now we are going down and I will add to my position the whole way down. However in 2-3 months when i can pick up solid companies at PE ratios of 10 - I will put my horns back on and blow my trumpet.

Be a bull. be bear - really who cares?
Isn't trading about making money....

Doubling Down on Continued Weakness in Real Estate, Financials

The market will not collaspe - even though I wish it would. I am short and have been for long time Ibelive 12 000 is our next target, banks need to sell stock to shore up assets and get their books more into balance. I also think the equity compoenent of some of the toxi waste that has been sold will also be realised. The credit markets need a capitualtion as well, this will be the beginning of the end (but not the end) as it wll cause a further month of declines after it happens.

When the market goes down it causes a mania between the bears, but they have to keep some objectivity. These are the Bears that said the Dow was going down to 5000, instead it rallied to 14 000. Yes the market/ecomony is in a bad shape, yes the market will go down (I hope lol ). But Amercia is not about to go bankcrupt,collaspe and die. Come on bears...get a grip. It not your friend down the road who's lost all his money. This is the biggest most power nation in the world.

I think the dollar has aropund another 7-8% to go. But if that does happen and it stabilises. Think about all the foreign investment that will flood in to USA (China/Japan etc etc). Also if sanctions are put on China imports (which they should have been at least 2 years ago), think about domestic demand that will create. They are lots of very big factors that people are not lookign at because they are concenrating on the Sub Prime issues. In the enxt few months, I think everyone will be so bored with hearing Sub Prime - Sub Prime that there risk aversion will start to subside.

Of course you all know that 50% of the credit problems are due to confidence issues among the participants. Why ealse has the USA government be buying the equity market everytime it falls sharply.

Any Now we are going down and I will add to my position the whole way down. However in 2-3 months when i can pick up solid companies at PE ratios of 10 - I will put my horns back on and blow my trumpet.

Be a bull. be bear - really who cares?
Isn't trading about making money....