Well, the Bear Stearns news is certainly going to make for a sleepless weekend for many. Was at the BSC board on Yahoo... some loading their guns. Question is what will Monday look like, how to best protect and profit? I think I will be putting some stops on some of my holdings with limits so if they gap down too far they won't sell. I think there could be some real buying opportunities out there if we get true capitulation. I think strong companies with little debt would be #1. I suppose some exploration plays might sell off in sympathy, as well as gold stocks as investors seek solace in cash. I am wondering if gold will drop like it did in the "Asian Flu" drop a yr ago as people look to preserve value in anything? Or maybe the markets won't be nearly as turbulent as I am thinking.
Ideas?