Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (82070)	10/16/2008 10:25:37 AM
From: Real Man	1 Recommendation Read Replies (1) of 94695

Lehman CDS must be paid by 21-st, then WAMU auction on the 23-d. And the credit market is shut down. Not doing anything today, the derivative market is unravelling. Wish you to catch the crash. Be careful, thou, they can close these markets any time now. -g- The implication of the derivative crash is horrible .... What's next? Domino effect will topple the financial system. A large percentage of banks and brokers will go bust. It's a bust of the global financial system, not a joke at this point -ng-

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