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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: GROUND ZERO™ who wrote (23319)8/9/2011 7:28:46 AM
From: robert b furman1 Recommendation  Read Replies (3) of 219482
 
I do NOT see us in a locked up,systemically failing banking system as we had in 08/09.

666 was then not now.

We ARE in a slow growth over levered (from a sovereign viewpoint) environment.

The battle between government austerity and more debt is the play now.

The rest of the system has had the debt relieved and is working.

The S&P thing is/was bad - the market forces proved that yesterday - remember everyone saying interest rates will go up well they went down.

Say what you will our buck and system is still the go to global currency.It is NOt with out its problems and neither is any thing else.

Bob
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