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GotX

12/16/08 2:54 PM

#46757 RE: emptypockets #46756

Don't be tricked by the rate cut. They have no other options. Also don't be surprised if you see the DOW at 5000 before 12000. This whole thing is created on air. The system has no money just debt. The numbers are insane. We have an obligation of over 50+ trillion dollars over the next 40 years on top of the 10+ trillion debt. This doesn't even include what has happened in the last 4 months. This is not good. This can't be sustained any longer. The USD$ is in big trouble. Might be 10 years from now but this will crash. These are just quick fixes of a system that will crash. The Baby Boomers will be the final straw. GL
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d indian

12/16/08 3:40 PM

#46765 RE: emptypockets #46756

See a trend, so do I. A trend by certain posters to lead other investors astray, with false hope and promises, and real bad interpretations of anything from the bankruptcy court, or facts from JPM, or FDIC. OCTOBER was a disaster for many. WAMU'S 'supposedly' $4,400,000,000.00 will never see the light of day. Too many others, we know nothing about will gobble that up. And to squelch 'another speculation'. WAMU 'will' only be able to continue in business as a bank, or lending institution. Buy into this, buy into that, blah, blah, blah, cannot and will not happen. Posters thinking WAMU IS A GET RICH QUICK SCHEME better start thinking about what WAMU'S re-structured business plan is to emerge from bankruptcy, and how that plan will be accomplished. Expect at least a year minimum. I see a much longer time frame. Cheers, Indian
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Stock Vader

12/16/08 4:11 PM

#46778 RE: emptypockets #46756

LOL LOL LOL LOL