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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Think4Yourself who wrote (109002)3/11/2008 10:02:19 AM
From: saveslivesbydayRead Replies (1) of 306849
 
"the financials have bottomed, at least in the near term"

The near term could be the next hour or two at best.
Nothing the Fed does can prevent the de-leveraging, just slow it down.
At best, they can limit the extent of damage from the derivatives explosion.
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