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Sunday, March 16, 2008

A Joke Gone Wrong (well good for us).


On Friday my Dad said to me, I want some BSC at $30, just think of the return in 2-3 years.

I quipped:

"Wait 2 weeks and I can buy it at $5"....

JP Morgan out did me I guess, $2 a share 48 hours later. As we have learned, there is never just one cockroach. The markets are now set to implode as the major firms fall like a row of dominoes, just like our dollar will as the Fed prints hundreds of billions of dollars in futility to save them. Like I said on Friday, a crash was imminent, but the market is not out of the woods yet. The next 2 weeks will become a blood bath. Asia is already down 5%+


I can't wait to hear Dennis Kneale's silver lining on this one.
TEAM DUL$KI "There is no I in team, but there is an Alpha."


1 comments:

Anonymous said...

Adam,

What do you think DUG at this point?

what are your target prices for QID,DXD and TWM?

Best,

EY

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