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

To: GROUND ZERO™ who wrote (77413)	11/13/2007 3:29:58 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

That's the problem. I think that subprime issue, and prime issue could lead to a collapse of at least 1/2 of all US financial institutions in the US in the coming 2 years, as rates reset. E-trade now will go under, so could Citi and Merrill. Stock indexes will be managed by the PPT, but the dollar could drop in half. No clue what stocks will do this week, but a serious BK is brewing in the financial system, and the whole financial system is now at risk. You could bet long or short, but you don't know if your broker will close doors tomorrow and exactly how much you will lose in that process -ng- I think the stock market would catch up with it if it was free. I'm not sure it is. The rallies are way too regular, although the 2 p.m. rally has been overrun by the bear herds a few times lately.