tag:blogger.com,1999:blog-2335748440449035592.post3571329506623454083..comments2008-12-16T16:44:16.983-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2335748440449035592.post-43975130185525936482008-12-16T16:44:00.000-05:002008-12-16T16:44:00.000-05:00now i know the fed announced use of an unlimited nuclear warhead. But aren't they really out of ammo otherwise, i mean if no one wants to lend/borrow/lever up then it won't work...right?<BR/><BR/>I am just speculating that after the kool aid runs out, the people will realize the fed had to take such actions because the system was nearing collapse, also they will realize the fed is potentially powerless going forward.<BR/><BR/><BR/>I think this buying is mostly retail as CNBC sells them the 58th bottom. I mean did you see cramer on stop trading? lolbillman101289http://openid.aol.com/soccerbill8noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-40803033878116746172008-12-16T16:01:00.000-05:002008-12-16T16:01:00.000-05:00I've held both; frankly most banks in the financial index that dominates SKF are now backstopped by the US government.<BR/><BR/>They tend to move together; SKF is more a call on the financial system and SRS the economy. So at this stage I like SRS more. But again, they trade in tandem. <BR/><BR/>As for holding, you cannot even hold Procter and Gamble in this environment. Everything is a trade. Especially these type of instruments.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-66916610628676414962008-12-15T19:36:00.000-05:002008-12-15T19:36:00.000-05:00Mark,<BR/><BR/>For shorting debt-related industries, do you like SRS over SKF? I've held SKF a few times but the big bank stocks always seem to get bought fast by the funds when they're trying to start one of their "kool-aid rallies" or they ban short selling. I know you've held SRS for awhile. Is that something better to hold, or do we have to jump in and out of that too?Michaelhttp://www.blogger.com/profile/02222094853295782606noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-10545117711395839172008-12-15T17:56:00.000-05:002008-12-15T17:56:00.000-05:00The issue with student loans is that they can't be charged off with BK. People might not pay on student loans for a couple of years but if they ever want to buy a house they pretty much have to pay it back. <BR/><BR/>SLM has already been hit really hard along with FMD. FMD is worth following. When the student loan market improves, FMD could be one of those rocket stocks that goes from 1 to 50 in 3 years. Or it could be dead moneyStonefoxcapitalhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-22553177846899887082008-12-15T17:23:00.000-05:002008-12-15T17:23:00.000-05:00SLM is the main pure play in student education but you just have to belief the government will backstop all student loans at some point in 2009. <BR/><BR/>We can backstop anything.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-13305377522720579322008-12-15T16:34:00.000-05:002008-12-15T16:34:00.000-05:00Funny that you mention that.<BR/><BR/>COF was on my prime time short list if we got a decent rally. I think it's a good short above $0.01<BR/><BR/>;)<BR/><BR/><BR/>2009 will be credit cards for sure.<BR/><BR/>Any college loan companies to short? That should be 2010 story as graduates with 100K in debt cannot find jobs for useless liberal arts degreesbillman101289http://openid.aol.com/soccerbill8noreply@blogger.com