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

To: benwood who wrote (85207)8/16/2007 4:17:23 PM
From: Paul Kern  Respond to of 110194
 
Please, don't remind me of 1987. The only day that came close was the day the markets opened after 9/11.



To: benwood who wrote (85207)8/16/2007 7:40:03 PM
From: GST  Respond to of 110194
 
I agree -- this has all the trappings of the first wave of selling -- and I expect more in coming months.



To: benwood who wrote (85207)8/16/2007 8:02:36 PM
From: Tommaso  Read Replies (1) | Respond to of 110194
 
That could be because this will be a more protracted and much more damaging decline than 1987. Not predicting, but it could happen. Below 8,000 on the Dow before it is over--maybe 18 months from now.


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