Friday, December 26, 2008

Market Update: Bankruptcies in 2009

When trading the SKF in 2009 you have to ask do you think banks will be generally weaker or stronger. I an market that is openly rigged you can get whip sawed on a fast mover like SKF. We are long 100 shares of this fast mover. I am almost prepared to say hold it until you go broke or get rich. Almost.

But as the video above says,2009 will have a lot of bankruptcies.

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