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

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To: orkrious who wrote (68879)8/26/2006 8:18:43 PM
From: John Vosilla  Read Replies (1) of 110194
 
'MER fell half a percent, and GS fell a percent. Both made new lows for the week today as well, and given that the brokers often lead the rest of the market, it’s another sign that time is running out for the rally. The derivative king fell a touch. BAC fell a percent, and C fell a touch. GE was flat.'

Any thoughts on the 'Plunge Protection Team' holding our largest financial institutions stock prices levitating in order to allow a slow graceful exit? We've literally had a stock market crash since May for most stocks, the yield curve stays inverted and we enter the worst two months historically for the market..
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