Tuesday, December 16, 2008

1)Thouhts on the market over the past couple of months

I am thinking the bottom of the tech wreck has got to be tested sooner or later ( 7200 on the dow ). Depending on how the foreclosures are handled and if we get a plan together to deal with the intrinsic value of homes ( repricing unrealistic mortgages, which I believe to be the key to recovery ) will depend on the duration and severity of this calamity.

If you trade this is a great time to make money, with the mass liquidation of some very large hedge funds creating some very large swings in the market.

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