"I am now less bearish on the initial bear market areas like FINANCIALS, RETAIL, RESTAURANTS but now turning bearish on the COMMODITIES.
"
by Gary Kaultbaum
I'm bearish on what this statement....he's jumping the gun on commodities 3-4 years too early.....the full mess of sub-prime hasnt hit....we've only seen the initial beat, just wait till the groove kicks in...financials will be a train-wreck for eons....so ok, so Bush and EU is going to save us by printing our way of out trouble...investors arent stupid, they'll jump into "real" money (ie commodities) with the de-valuing of the dollar like this....but oh, according to Gary, its the financials is were we should park our dough.....get real Gazza!
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