The market for equities is down for the long count. I suspect a full 20% or more correction is in order, one that even the FED will be powerless to relieve. Trade with care but look for the short side. Islander
91 day T bill down 16%
Started by
Islander
, Aug 20 2007 11:22 AM
1 reply to this topic
#1
Posted 20 August 2007 - 11:22 AM
#2
Posted 20 August 2007 - 11:58 AM
The market for equities is down for the long count. I suspect a full 20% or more correction is in order, one that even the FED will be powerless to relieve. Trade with care but look for the short side. Islander
I'm not so sure about a 20 percent decline, but going long seems to me to be a bit risky. My model is in CASH.
Rich