Foreign markets crashing and burning this MLK day, Tuesday will be awful on the US exchanges, maybe even crash like.
Those who insure against losses (AMBAC) are bankrupt themselves....leaving maybe $1 Trillion up in the air.The financial system is seizing up and there is nothing the FED (reason for problem)or Bush can do, and you dont want to be LONG here or standing in the way.....you just want to survive and protect what you got!!!
http://economicrot.blogspot.com/2007/12/kondratieff-winter.html Great blog for Kondratief background
http://www.itulip.com/forums/archive/index.php?t-85.html talk on derivitives
http://www.cross-currents.net/charts.htm great unwinding
http://www.contraryinvestor.com/mo.htm JAN ISSUE
Duratek
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2 comments:
I sent you a video at the shop. WOW. I am glad I dont hold trades overnight. I really like the day frame.
I like the contrary investor link. Thanks
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