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


To: russwinter who wrote (82450)6/6/2007 12:38:22 PM
From: John Vosilla  Respond to of 110194
 
<<Morgan Stanley has advised clients to slash exposure to the stock market after its three key warning indicators began flashing a "Full House" sell signal for the first time since the dotcom bust.


Morgan Stanley warns the 'mid-cycle rally is over'


Teun Draaisma, chief of European equities strategist for the US investment bank, said the triple warning was a "very powerful" signal that had been triggered just five times since 1980.>>

I think they nailed it. Also at the end of the article they aren't expecting a recession either. If they were to let this current mania go on for too long we could have much worse than a recession as the end game..