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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: stan_hughes who wrote (349509)11/27/2007 10:09:26 AM
From: Real Man  Read Replies (1) of 436258
 
We'll see. Volativity is trending higher, and lots of LTCMs
out there, remember? They don't care if it's Christmas. This
market is very dangerous, I'm even worried about gold. The
problem is that once the move gets down to a certain point,
self-reinforcing selling kicks in and a bailout is absolutely
necessary to get things going in the other direction. I
think we are there. So... If the Fed hesitates here, the BK
could come in no time.
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