Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: westpacific	10/24/2007 11:35:08 AM
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C freefalling now..... Just took out key support at 41.87, it has not taken this out since 2003. Banks in really big trouble. FNM also freefall. 16B bailout of CFC, gonna take so many bailouts. We are seeing tip of an iceburg! 35.47 is final line in sand for this bank. Dow Jones US Finance Index again testing key support, did the same in August market meltdown! Another rate cut coming, no choice. West

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