Naz News, Gappers and FLE's

[xZx]

fastlizzy, i'm not so sure this selling of the financials is unwarranted. credit default swaps are probably the next shoe to drop and that could get very ugly. the fate of states and municipalities, commercial real estate, and all manner of companies large and small hangs in the balance. liquidity banks that once had sterling credit ratings and could back up all sorts of bonds are now the weakest link in any deal. the whole banking system has been turned on its head and no one has any idea what assets are worth. we may have a nice bear market rally from time to time, but imo this could take months, if not years, to sort out.