GREY:XEPRF - Post by User
Comment by
lawnmoredanon Aug 07, 2007 3:16pm
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Post# 13210848
RE: Summer doldrums
RE: Summer doldrumsBecause "Naive"little girl,unfolding events globally have made Ca$H king and the sidelines a safe play at this time.Unwinding of the Yen carrytrade.The unfolding of the US subprimes is for from over.Oct will see over $50B in US.mortgages reset.And the Shanghai exchange now at 4650pts and growing(in scope much larger then the Tech wreck bubble of 2000)These are serious events that are still unfolding.I choose at this time to hold a heavy Ca$h position I have worked on since Feb/07.The stocks I'am holding have been longer term and as I said averaged fair compared to the latest summer carnage these markets have thrown our way.Now how would I expect a shameless naive pumper to under stand all this "I DON'T" But I took the time out of fairness to explain.