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I agree but I think just after the US Pres elections."Credit...

  1. cooma
    83 Posts.
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    23/07/08
    12:40
    Post #: 4024608
    I agree but I think just after the US Pres elections.
    "Credit default swaps" and "credit card defaults" are the next black clouds.
    BTW there are up to 100 US banks close to the Indymac situation and 20% of bailout funds have been used !!!
    Dead cat bounce certainly for financials.
    XJO Value at posting: 0.00
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    lightbulb Created with Sketch.  Great analysis
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