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Re: grizzly post# 471

Wednesday, 03/12/2008 5:31:51 AM

Wednesday, March 12, 2008 5:31:51 AM

Post# of 569
grizz, There's been a few changes to DIVX, RVBD, TXN and the market since this board's creation. The Stage6 show at DIVX was a surprise to all, including the management of. S2 has caught enough flak from whatever stock he mentions not turning to gold that it doesn't surprise me that he shares less of his time with either board. The Stage6 news was way after DIVX getting posted here. In his board's newsletter he's mentioned not being in anything and to let this bloodletting play out. Waiting for Mar 22/23 cycle lows. I've been day flipping QID and a few others, but returning to cash, not holding squat. I was thinking the Mar 18 FOMC to be the low. S2 is watching cycles. The new FED socializing/nationalizing fraud in mortgage venue with a 28 day FED overnite/overmonth program has caused a significant bump in this correction. I don't think it will be enough. There's too much FFIs at level 3 within the financials not marked to market. The taxpayers would need to buy a much larger chunk of fraudulent loans/MBS, but that'll probably be coming on down the road.

In short, to err is human and in this market, calling on anything long has been trashed except the Sun coming up tomorrow, and that's not guaranteed. Finding fault with anything and everything that everybody posts is someone else's job on the other board. Do we need it here?


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