Saturday, September 23, 2006


well, maybe amaranth was the first shot fired - time will tell. 6bn to lose isnt that much money when you consider the amount of global liquidity that surrounds it. I think 6bn is an understandment when you consider the fund of funds and pure psychology that changes in the marketplace. 10yr bonds are jetting right up - the bond market is predicting somehting bad and while the stock market hasnt really followed it has taken a breather. its at a 5 month trendline now - its either a double top or its going to blow through and im going to lose a lot of money.


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