inthemoney

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  • Time To Bail Out WaMu?
    I think it is time, not Tim. LOL.
    Sep 10 14:16 pm |Rating: 0 0 |Link to Comment |View article
  • The Upside of Falling Bank Stocks
    > Clearly, we're in a world where the biggest risks to the economy remain financial. And it just so happens that there's an easy and reasonably effective way of hedging those risks: shorting financial stocks. Investors around the world who want to protect themselves against market-crisis risk are likely doing just that right now, helping to drive the price of those stocks downwards
    ----------------------...

    The only problem is that 401K and IRA don't allow shorting and many so-called "investors" investing for retirement don't know how to short. They have been always told to "buy and hold".
    Of course, hedge funds, institutions and traders short financials left and right at the expense of "long only" categories, who don't know any better.
    401K is such a fraud, it will leave millions unable to retire. And that is really a scary prospect and it is not good for anybody in the long run. In comparision, day trading FRE and FNM to make some easy money is little consolation.
    Jul 15 23:10 pm |Rating: 0 0 |Link to Comment |View article

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