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Re: lastchoice post# 234446

Wednesday, 10/01/2008 10:41:14 AM

Wednesday, October 01, 2008 10:41:14 AM

Post# of 432788
I don't know about that lastchoice. My opinion is that we'll go into a recession, $700,000,000,000 bail out or not (whew, lots of 0s), hence I'm very much against the bail out for the investment firms and the 0 dollar down homeowners that should never have even thought they could afford a home. Let wall street and the over extended main street credit buyers go down as I believe they will anyway.

That being said, I would normally be going heavy on cash and would not hold a lot of stock until I see where the economy is going. I feel there are going to be some very good buys in the market at a later date when and if the economy bottoms and then stabilizes.

My problem is that I'm overloaded with idcc stock and would be trimming way down ..... except here we are waiting for the itc decision on sammy. I think we all agree that if we get a favorable decision, idcc could explode. Thus I feel I am leaving myself open to a possible market crash affecting the value of idcc also. Is my thinking wrong? Any opinions. .. .. nic
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