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Strategies & Market Trends : Longer-Term Market Trends

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To: NOW who wrote (2304)8/25/2010 1:21:59 AM
From: Hawkmoon1 Recommendation   of 3209
 
A "C" wave up might be possible after bouncing off 900 if we keep the tax cuts and FASB doesn't decide to pull the rug out from under the S&P 500 balance sheet by revising the accounting related to leasing.

zerohedge.com

It will do for Corporations what revising Mark to Model to Mark to Market did for the Securitized Mortgage markets in 2007.

And the CDS holders WILL LOVE IT!!

Hawk
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