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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: pater tenebrarum who wrote (52717)6/1/2000 11:46:00 AM
From: Les H  Read Replies (1) of 99985
 
re: credit markets

Is it crisis of confidence or just that most of the borrowers are extremely poor credit risks, i.e., the internets? For example, boo.com an e-tailer sold out for much less than half of what it would cost around here to buy a single McDonalds franchise. I still tend to think the tidal wave of closures won't happen till after Xmas.
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