mkt up 200 akk down 10 percent well done akk, page-5

I think some people are losing perspective here. I still hold some AKK, they are not worth selling at this price. AKK is completely off the radar; as are most junior stocks. What we witnessed today was a short covering rally and it was forced upon the market in an attempt to manipulate a rally / avoid a crash.

Now I love to see the shorts get burned as much as anyone else, but what is unfolding is of such significance, that any holding in AKK is going to seem insignificant. I am guessing that all major markets will be halted (frozen) at the first sign of this rally failing so the scumbags can engineer another, more realistic, plan. The current plan might see interest rates at around 18% and gold at $5000oz. From memory, markets were halted for 2-3 days after 9/11 and the current crisis is far more serious from a market sense. It is not inconceivable that markets could be halted for a week or more.

At this stage it appears the US is determined to print as much money as is required. This will be highly inflationary and is bullish for most commodities, particularly gold and silver. The outlook for oil is fairly neutral in my opinion as there will be reduced demand, offset with hyperinflation. Industrial and Financial stocks are toast though, in my opinion. The emergency reclassification of JP Morgan & Goldman Sachs as "Bank Holding Companies" just so they can access the tax-payer funded slush fund is, surprisingly, believable. I don't think anyone really believes they intend to become the local corner, depository bank. Who would put money in them anyway?

Don't have much in the way of expectations for AKK at present. Survive the holocaust and see if they are still there at the other end.