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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (104210)5/23/2001 11:19:03 AM
From: Real Man  Read Replies (1) of 436258
 
The system is under significant stress, 100 Trillion dollars in derivatives.... I bet most of them are coming from US institutions, whether abroad or at home. I guess, this seems to be never seen before leverage (10 to 1, if not more). Sure, it can go higher, but the buck is the last resort. I will probably get out of paper completely at the first sign of this thing unwinding. Not gonna be pretty. I see DAQ below 300 easily. Either that, or a hyperinflation. Or both...
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