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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: $Mogul who wrote (341660)8/22/2007 3:37:15 PM
From: Real Man  Read Replies (2) of 436258
 
The silliness can continue as it did for a while, but yes,
it's gonna be a death drop when it ends. Something like 1929
or 1987. This market will succumb to very strong gravity force
without synthetic futures buying (or shorting the
volativity). It could even happen fairly soon (days or 1-2
weeks if this is the start of the big bear), anything is
possible, or it will happen with the demise of the dollar.
Any kind of silly index numbers are possible while the market
denies gravity and keeps floating on increased leverage.
The big one will come some time in the next
2 years as a lot more mortgages will get reset and the Fed
saves may no longer work
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