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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (76364)8/5/2007 5:21:19 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
Member 4139567
It's this guy -g-

He's right though, subprime credit mess has
spread to Alt-A loans, corporate bonds, and even AAA mortgage
paper. The credit market just froze in credit crunch. Stocks
so far did not pay much attention to these developments, which
really started last Fall. April-May monetarization did not
save us - the credit crunch is still spreading, and fast.
I think we may have seen a significant high in July, although
this coming Fed week should be interesting.