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


To: Real Man who wrote (76370)12/22/2006 1:57:46 AM
From: Crimson Ghost  Respond to of 110194
 
Ad the bubbles grow ever crazier and all pervasive, the consequences of pulling the plug become ever more severe. So the trigger points for central bank "puts grow higher and higher. We now have reached the stage where they cannot "allow" a drop of more than perhaps 5% in the equity market without risking a panic.

The logical conclusion is that things will not fall apart until the bubbles become so crazy that even the strongest actions by the global "plunge protection team" can no longer prop them up.