PANIC AND DELEVERAGING IS SPREADING

Watching AM futures. In this case ONLY way to play short side was to be in SHORT type fund.....and leave it be, so many head fakes...hopes are now dashed.

VIX should skyrocket.....DOW PLUNGE AT OPEN.....DOW 10K challenged...no one will lend....bubble HAS to deflate....no amount of NEW CREDIT ($2T ?) would be capable....in a GOOD environment.....not happening....BAILOUT PLAN LATE TOO LATE AND INSUFFICIENT

I expect my readings on Bear Bottoms to be breached today, but friends, I don't trust it! Its not that buying here wouldn't be profitable in future, not knowing how long that is.........and knowing little guy, he hasn't panicked yet, ask to be taken out, this thing is spiraling downward like a parachute tangled up after deploying.....they are trying to cut 1st chute.....only to find no one packed reserve???

NOW you might land in a mud puddle and live.......money being herded into treasuries......and maximum amount of new money being needed.....higher rates for the RISK is usually what one might expect.

If bond yields soar killing bond mkt.......kiss our asses goodbye... MULTIPLE CAR BIZ closed, and all kinds of retail...I have NO idea what will sustain me personally.

We have once in a lifetime financial storm cocktail.

HERE IS THE INTELLIGENT JIM PUPLAVA SERIES THAT GOT ME STARTED READING AND UNDERSTANDING THE MESS FED AND GOVERNMENTS WERE CREATING
http://www.financialsense.com/series2/perspectives2.html


2. TSUNAMI

"A tsunami can flood breakwaters, tear into harbors and shorelines, and leave widespread destruction in their wake. Because earthquakes are the primary source of tsunamis, they can often go undetected until they erupt."

3. When plying the ocean, weather can turn any sail into a pleasant memory or a hazardous journey. Mariners approach weather with a spirit of resignation. It just happens. It is beyond human control and there is little we can do about it.

10-26-00 Part 5. ROGUE WAVE/ROGUE TRADER

There will come a day unlike any other day, an event unlike any other event and a crisis unlike any other crisis. It will emerge out of nowhere at a time no one expects. It will be an event that no one anticipates -- a crisis that experts didn’t foresee. It will be an exogenous event -- a rogue wave." Read More

08-16-01 Part 10. RIDERS ON THE STORM

The severity of a recession or bust is oftentimes determined by the boom that preceded it. In this case we’ve not only had a boom, but that boom that grew into a bubble has rippled throughout the financial system inflating financial assets and real estate prices. In this final installment, I hope to help you chart your course so that you will be able to ride that storm. Read More


BUT he also figured the FED could inflate its way out of this mess......even PUPLAVA maybe didnt see this ROGUE WAVE COMING

D