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Re: lentinman post# 7272

Monday, 03/21/2005 1:04:48 AM

Monday, March 21, 2005 1:04:48 AM

Post# of 173813
Len/regarding debt and the dollar article..........GM and Ford could be in for big trouble soon. I've been short GM for over a year,it's taken awhile for the market to realize the perils in GM.
I haven't had many short positions in the past few years, but those that I have had have gone well for me. I DO kind of wish there was more interest from this board in hedging out "value" longs with short positions and ideas.
The US$ really scares me.....I'm very motivated to position myself to survive a dollar catastrophe. My grandfather had always told me how he was "wiped out" financially by Mussolini and his group in Italy when the Lira currency became virtually "worthless" in a very short time.......and I'll never forget his stories and warnings.

Rogue

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