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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (66923)	7/26/2007 5:08:55 PM
From: LTK007	Read Replies (2) \| Respond to of 116555

PPT is, i gather going into action, commencing with Paulson appearing on CNBC at 9:45am tomorrow. It is likely the spiel will be "this is just of bump in the road, we really have all in control and one should buy this market yada yada yada". The actual reason PPT goes into action SO FAST now is because THEY ARE SCARED, they know our market is so fragile it can NOT survive a plus 10% correction. Healthy markets can survive a 10% correction, ones that however are underlyingly sick can not. This market is acutely vulnerable, thus PPT rushes in early, imHo. Max