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Old 02-23-2009, 10:33 PM   #21
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Originally Posted by dex View Post
...not seen since the disco era.
OK, now I've capitulated!
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Old 02-24-2009, 07:27 AM   #22
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Originally Posted by ziggy29 View Post
. . .

Anyone have a good feel for whether this deleveraging in the hedgies is still going on?
Much like the attitude here, I think there is a buyer's aversion rather than a deleveraging by hedge funds. When you see a large drop in the price of gold along with a drop in stocks, it would be a sign of deleveraging by the hedge funds. I am expecting to see that in mid to late April.
Random Reinforcement is Highly Addictive.
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