The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: John Vosilla who wrote (92701)	3/24/2008 12:27:06 PM
From: Tommaso	Read Replies (1) of 110194

Barrons has an article suggesting financials may have hit bottom. The Wall Street Journal has an article arguing that financials have a ways to go on the downside. Don Coxe thought financials might go up for a while and then resume their decline. I'd rather not think about what Jim Cramer might be saying; I say "saying"--not "thinking." Thinking requires a brain. There are about a thousand banks in the United States that are losing money. It looks like little of this bad-loan stuff has been marked to market yet. Looks like I will just have to sit on my SKF like a hen who does not know exactly what's inside the eggs in the nest. Could be lizards.

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