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More Boom! S&P down 60points/Dow -540) this AM.

Started by Masshog, October 24, 2008, 04:28:31 am

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Masshog

Dow down 550.  Still feels and trades like a full on bear market.  One of the more disturbing things is that I have been working on trying to develop some data on how much leverage is still in the system.  The two things that I have managed to uncover suggest that the leverage unwind may not be nearly as developed as I had thought. 

My feets hurt.