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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (12050)4/15/2004 10:05:01 PM
From: yard_man  Respond to of 110194
 
me too ...

it's my EE background -- I prefer "crack-up impulse" to "crack-up boom." We have already seen the shock that has been applied -- now comes the system response -- everything looked ok for the first millisecond ... system is stable -- "that didn't hurt a bit" -- that's what they said <g>

I don't think all commodity prices are going to collapse necessarily -- but some prices will and so will credit expansion. It already has for C&I.

I think it is an ominous sign for the stock market if banks continue down while rates begin to ease -- we'll see, I guess.