The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: glenn_a who wrote (90641)	1/20/2008 1:56:26 PM
From: zebra4o1	Read Replies (1) of 110194

Have to agree with you that Coxe was late to the game on the credit crunch. Russ' blog said it all: 'Many will point the right way once the wheel is broken'. And I still think people don't get the seriousness of the situation. When you reach the Minsky Moment after 20+ years of credit expansion, you don't just bounce right back in 3 months. This is not business as usual. Not your run of the mill bear market. Every bear is waiting for a bounce to put on some shorts. Starting to wonder if we won't get a bounce any time soon. All the charts seems distorted so that what should be bounces are instead just pauses on the way down.

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