hehe
speaking of margins being called, Hedge funds are expected to be cut by 50% in 09 vs 08..that's aftter hundreds have already gone out of business in 08....
dunno, i think this will turn around, just a matter of how and when, honestly. I think this is about like when oil was 150 and people were screaming "gas will be $8/gallon and oil will be over 250 by the end of the year'
Generally, when everyone gets on the same side (dollar weak, market is going to die, oil is going to be $1000/bbl) then it's time to start looking in the other direction.
i'm not saying i don't agree with a lot of what you're saying, just that i have a trader's mindset about it, so i'm looking at a much shorter term timeframe.
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Live.
Chris
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