Reminds me of a book by Nicholas Monsarrat "The Tribe That Lost Its Head"! This whole Sub-Prime thing has got WAY outta hand! Aussie market has fallen more than the U.S.A. ( where most of the problem is anyway)Its just a scramble for cash as most Hedge Funds are highly geared and are selling anything/everything theve got to meet margin calls.Im not selling 1 UMC
SEEYA IN A FEW WEEKS!