The global credit situation is likely to get a whole lot worse before it gets better...in the US we are yet to see commercial, personnal, infrastructure debt etc, hit the fan.....The UK is heading down the same path....
I to feel for those who have seen their savings vanish.....but feeling for them is not going to make their money magically reappear or protect them from further losses...
As for shorters.....they are not going to short the strong, but rather focus on the weak and vunerable...if the bussiness model is good they will loose their money...
the majority of brokers, financial advisers etc got their licences out of the wheaties packet....
If you stand in the firing line.....dont be surprised if you get hit...
Cheers
sell this rally and sit it out, page-11
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