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

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To: bart13 who wrote (95540)7/11/2008 8:29:26 AM
From: Robin Plunder  Read Replies (1) of 110194
 
"We're far from the bottom in my opinion - it hasn't even been a year yet since the peak, and more bad news is consistently coming out.

When we start to hear very few positive news items and hope, I'll start thinking about a bottom... assuming we get no massive US or IMF or whatever "rescue"."

sheize...fnm and fre look like they are rapidly being priced for bankruptcy, with GM and LEH probably not too far behind...here we go...where is that mountain of derivatives going to fall?

gold launching, ...so will the juniors follow..or get caught in stock market sell-off?

Robin
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