2 replies to this topic

[humble1]

if you haven't already done so, it may not be too late to move your money to a safe place. i am thinking of insured bank deposits or treasury bills. don't think for a minute this is over or nearly over or even just a ways from over. THIS IS FAR FROM OVER !!!!! the real panic, which will be sustained, has not begun. so far, i suspect, we are seeing most of the BIG liquidation taking place by those on the inside who are saving themselves, getting THEIR money out. for example, goldman needed that big injection: someone must have indicated withdrawal demands were forthcoming. with the minimum regulation of hedge funds, who do you think these people withdrawing might have been ? i could go one with examples, but ask yourself and answer yourself this: with what you know now, with what you have in front of you, can't you see the avalanche just starting ?

Edited by humble1, 15 August 2007 - 03:46 PM.

[ed rader]

if you haven't already done so, it may not be too late to move your money to a safe place. i am thinking of insured bank deposits or treasury bills. don't think for a minute this is over or nearly over or even just a ways from over.

THIS IS FAR FROM OVER !!!!!

the real panic, which will be sustained, has not begun. so far, i suspect, we are seeing most of the BIG liquidation taking place by those on the inside who are saving themselves, getting THEIR money out. for example, goldman needed that big injection: someone must have indicated withdrawal demands were forthcoming. with the minimum regulation of hedge funds, who do you think these people withdrawing might have been ?

i could go one with examples, but ask yourself and answer yourself this: with what you know now, with what you have in front of you, can't you see the avalanche just starting ?

one step at a time humble1. let's get them from calling the daily bottom first !

ed rader

[humble1]

LOL !