Wednesday, November 30, 2011
Ask Dr. Bernanke
He has all the answers. One size fits all prescription. Print more money. It is a repeat of bailout nation. This time on a global scale as China is also in deep doo doo. The central banks are overreacting to a problem which is not even close to those of 2008, and it will take risk assets flying higher. Shorts are getting squeezed as usual. Wash, rinse and repeat.
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8 comments:
Selling BGU here at $57.30. Looking to add more RIG as it goes lower and a complete uncle at $35 to sell for a loss
Central banks working in unison = the NEW WORLD ORDER. Cannot fight it when they are all on the same side
Picking cp some CF at $141
the best thing about this rally is the financials are involved. Buy on any dips.
we are still oversold. This rally could continue for a few days.
the street is saying to watch December 9th.
This is the date of the EU summit. Lack of any meaningful additional support structures will likely send us right back down the slide.
I am getting into cash on friday. Monday is another key turning point Decmeber 5th
Dawg,
What u doing with INHX.
I was short at 13.80. Then I was forced to cover at 14.50. Took a little hit.
I'm looking to short at 15 if it gets there.
Not touching INHX now, it looks like it's going to keep going higher.
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