feddie and fannie

[john_1]

Paulson steps in and takes them out.... Oh to see the smile on Zarps face now as he tells the world I told you so.. The question is did the US market rally on friday because the boys on wall street can't keep a secret and we rally on monday based on this news or do we tank just for the fun of it?

[#2]

that is most definitely the question John....however these major moves are generally planned to every minute detail....I'm sure they have the right spin ready for msm to tumble dry already. Markets hugely oversold so I am hoping for a short vicous bounce. But once the dryer stops, I suspect we going snorkelling soon. Banks IMHO are presenting a wonderful shorting opportunity...just hoping they go up that weee bit more b4 I buy me sum to keep going into October!

[#3]

ANyone have any idea what effect this would have for the dollar. To do a save F&F all the fed does is print more dollars. Hence I think this should bring the dollars mighty rally to an abrupt end.

[john_1]

Dinen, we are going to see a big gap up this morning with plenty of shorts scrambling to get out. Please don't go short until this gap closes. This could be enough to sustain a rally for some time, and if not the gap close will tell us that.

[KVW]

I Agree with John.....the shorts including myself must hold.....

[SimonPB]

unless your stop is hit in which case you must exit.

[john_1]

I did not say hold your shorts, I said do not enter new shorts untill this mornings gap closes...

[john_1]

for shares that is.

[BRE]

This is going to be violent ... 8% down last week and people just itching to pick up bargains. Now what sounds like good news but is only plastering over the problem.

[#10]

read again dude...I'm long since fridays closing auction.....BUT itching to get short, but only when signals are there

[john_1]

well done on the long. Sorry to here about your big loss last week though..Gold miners are dogs period... I was talking about that iching when I said don't go short.