Announcement!
Equity lines! Unsecured lines gone! Oil and Grain! BUY BUY BUY. I cannot tell you more! Watch tomorrow! If you have bonds, IRA, 401k, or anything of liquid equity. Buy Oil and grain. The Bond is going to rise. Intereat rates are going through the roof. Hint! Move it on open stock marekt now! I hope you save your a**! Watch and then move tomorrow early!
Some of my hedge funds totally collapsed yesterday. Equity lines are being called, as well as frozen by banks. For example: You have a 100k equity line, you have a balance of 20k, They are freezing the accounts. You no longer have the open line of 80K left. Crazy stuff is happening in this market. What will be next?
We have been talking about the freezing of equity lines for a month:
http://www.thecreativeinvestor.com/residential/modules.php?op=modload&name=Forum&file=viewtopic&topic=62831&forum=27
Chris