Wednesday, November 19, 2008

Time for a Maverick Move?



First the October crash and snap back rally. Then the November crash to new lows. The various government bailouts are not helping and major bankruptcies are looming in the near future. Volatility remains extremely high and nothing except treasuries are working on the long side. Is it time for a maverick move? Are we so doomed that it is time to buy (at least for a trade)? Or, are we in such a precarious position that the real cascade down is about to begin?

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