Edited by n83, 06 August 2007 - 04:18 AM.
Too many 1998/1997 comparisons..
Started by
n83
, Aug 06 2007 04:15 AM
1 reply to this topic
#1
Posted 06 August 2007 - 04:15 AM
at this stage..
too many fundamental bearish posts..this is happening in housing and that is happening in CDOs tranches whatever
too much has been said so we should bounce..
fearless futures..why is Europe not tanking if things are so bad? (i mean they have recovered off the lows and are showing signs of wanting to move up)
this is not 1998..1998 was much worse stock market-wise
#2
Posted 06 August 2007 - 04:31 AM
to get a rate cut the market will need to put on a much better show (to the downside)..6-8 % is not enough-g
FTSE is now -12 from -62..subprime my foot-he he