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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (78433)1/9/2008 6:02:35 PM
From: Real Man  Read Replies (1) of 94695
 
Yep, I think the US banking system will survive, all banks
won't die tomorrow, although some may die the day
after tomorrow -g-. Some dirt
cheap stuff there, with grenades attached, of course, so
one has to be careful. I think the analysts pretty much
warned the markets about the coming writeoffs, and we might see
that things are not as bad as they described during
the earnings season -g- T-rates at all time lows amount to
cash on the sidelines, and then there is a 50bp. cut at
the end of the month -g-
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