another subprime victim, page-254

red, bonza,
yeah I subscribe to mchugh so I'm aware of his expectations. I also subscribe to others, so I get a mixed view but I probably like McHugh the best. Regardless, its up to me to decide on my trade and I'm also got mucho dinero $$ on a .62 bounce.. at least. One thing I like about McHugh is that he pays attention to the quality of a move as well as the quantity. Its less definative but a vital nuance nonetheless.

I have no way of knowing when or if the fed money pump will generate enough inflation to make stocks look real cheap. I suspect its happening already, but everyone is denying it. The usd and gold price says its happening already, so maybe its just a matter of waiting til it hits stocks as well. In any case, I have time on my side I reckon.. and the worst case scenario of depression and global disorder is still in the 5% probability zone I reckon.. not bad odds..

cheers!