its my call, page-16

mac just announced they have not material exposure to lehman and have consistently said the same thing about the whole gloomy american sub prime situation

sp is tanking anyway. this market is driven by negative sentiment and fear.

imo, all the penny dreadful speccies are dead. how can any of them hope to raise a penny in today's market?

this situation is different from anything gone before, except the great depression, and take several years to sort out.

unless you are the gun swing trader, this market will chew you up and spit you out