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sell on rallies... the only thing I'll buy out there is salt,sugar,tapioca and sweet potatoes.

Well said... The entire financial system is being tested and no there's no sign things are clearing up. 2008 is a bad bad year... 2009 will be WORSE than 2008!!!!

Aiyah... I've been posting at the wrong site....anyways. BRACE yourselves Gentlemen... this is only the beginning. The flushing will go on for some time. Freddie and Fannie are done but Lehman's exposures is being settled this friday and the estimated number to date is at 400bil ...

And another 19bil in interest if it decides to draw down the credit line. They still have to reslove the issues.. and like I mentioned at the other thread they may be more writedowns if more banking instutitions go belly up.

Where are your manners.. you cursed everyone who responded to your posts. Calm down. You did a lot of 'C&P' here shows that you are pretty updated on the financial issues out there but your analysis does show you believe whatever you read and dont spend enough time understanding and analysing...

I cant wait to say something to this chap.. please dont scream at people if they dont agree to your views.. Numbers dont lie??? lehman paid out billions in bonus for the year 2007... turn of the new year... they are kaput!!! numbers are only good on the date they reach the press.. MTM...