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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (11514)1/27/2009 1:39:08 AM
From: Hawkmoon1 Recommendation  Respond to of 33421
 
Yeah... guess we both subscribe to Mauldin's letters..

Very frightening prospect if we have an L shaped recession, especially for exporters dependent upon our markets.

Hawk



To: John Pitera who wrote (11514)1/27/2009 7:40:28 AM
From: Poet  Read Replies (1) | Respond to of 33421
 
The Roubini piece is stunning. Total loan and securities losses could be as high as $5 TRILLION! I've come to turn to Roubini for no-nonsense straight talk I understand. I used to be an avid Mauldin reader-- have spoken to him on the phone, even have a chunk of change under management with a firm he's partnered with-- but more difficult to move through his florid writing style. Not being a financial type and all. -g