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

To: blitzfund who wrote (77671)	11/21/2007 9:04:00 AM
From: Real Man	Respond to of 94695

Ah, Blitz, it could be much worse. Because of constant PPT futures ramps, you have to wonder what collapses first, US stocks or your broker. We are in a unique environment of rosy statistics and economic views while our financial system is imploding under the surface. Thus high stock prices are crucial for the PPT, so I am not sure we will BK now, but we are tracking the past BKs for now and are almost at the point where the actual BK happened. The water is fine on the surface, but I think quite a few banks and brokers may collapse by this Spring. The list includes Citi. This is what's going on. The lag with stock market move in August was 6 weeks I think. Folks are selling to raise cash. calculatedrisk.blogspot.com