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The extent of this crash is exacerbating fundamental problems. And liquidity problems...in big ways.I don't see us getting away w/out a re-test of the a.m. lows. So far every V has turned into a W...and then failed. TED Spread is over 4.5%.Hope I'm wrong...hope the FEd's and Treasury's actions start to re-liquefy...soon.
I think the market will crash today. Let's hope that I'm wrong.
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The extent of this crash is exacerbating fundamental problems. And liquidity problems...in big ways.
I don't see us getting away w/out a re-test of the a.m. lows. So far every V has turned into a W...and then failed.
TED Spread is over 4.5%.
Hope I'm wrong...hope the FEd's and Treasury's actions start to re-liquefy...soon.
I think the market will crash today. Let's hope that I'm wrong.
Post a Comment