Zeev's Turnips Patch-No Politics (ZEEV)

[John126]

Augie-BKX predicting?

It looks like a BKX breakdown below 600 would predict your possible scenario.

http://finance.yahoo.com/q?s=^BKX&d=c&k=c1&a=v&p=s&t=my&l=on&z=m&q=l

I would not expect a slow selloff if the 600 level is lost

Concerns about corporate credit, consumer/mortgage credit got it to here. Is there a failing lender out there somewhere?

I admit I am clueless to what can start us up. Where I work (large chemical co)there is lack of demand and overcapacity- sound familiar? Our cost cutting is getting ready to go deep into the white collars. I expect other companies are having the same discussions.