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

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To: TH who wrote (105006)9/11/2009 2:08:44 PM
From: ggersh  Read Replies (1) of 110194
 
TH

"There is something else. Is it the long pending implosion in commercial? The consumer debt/consumption curve taking a dive for the count? Or it is simply that the rally was nonsense, predicated on nonsense, and powered by idiot bulls who can't see past the next tick?"

D. All the above!
E. Something no one else knows, perhaps a major bank failure.

As for Ben, he's been playing w/1929 playbook, someone forgot to tell him it's 2009. No he doesn't, which is extremely scary!

ggersh
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