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Re: Crazy Money post# 13117

Wednesday, 01/05/2011 2:20:35 PM

Wednesday, January 05, 2011 2:20:35 PM

Post# of 14996
You really think it'll break even 8? 7.50?

I can't find a way to believe the financials are capable of bringing that much upside against the assets in FAZ.

Most of the macro analysts I follow, between time period theory, elliot wave, and gann/fib analysis, seem to think we're entering an exhaustive upward phase before another 1-2 year bear trend.

With the bond market going after the US, the debt ceiling issue to be confronted, I seriously believe the terribly lax policies of the US financials and Govt will leave us with no options remaining. We've used all the psycological weapons we can against the sheeple, and in short, it bought us time.

Now we're going to have to buy a solution, and that will unfortunately cost us more.