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


To: SouthFloridaGuy who wrote (87902)10/7/2008 7:42:25 PM
From: Real Man  Respond to of 116555
 
I worry the DOW could be at 7000 by October expiration. Never
mind. -g-



To: SouthFloridaGuy who wrote (87902)10/7/2008 8:03:49 PM
From: benwood  Read Replies (3) | Respond to of 116555
 
I concur. I don't tell anybody personally because they already believed me to be nuts when I warned of all this unraveling a couple years ago. I don't give a rat's ass if they learned their lesson; I leaned mine, and that is to shut up and just do it.

Even now, they probably don't connect what I talked about with what has come down the pike.



To: SouthFloridaGuy who wrote (87902)10/7/2008 8:15:04 PM
From: Real Man  Read Replies (1) | Respond to of 116555
 
The MM are probably a trillion or two in the hole on the
puts they wrote as of today, and the Libor market is shut
down for borrowing. Neat! We'll see if they can bounce this
stuff. Don't count on 7K if they can't.