That should aggravate our current liquidity problems. Fund Flows are so weak and turning negative that they will be no support. Overseas money is no longer coming this way.Average Joe investors is looking at GM, Ford, IBM and Fannie Mae and has had enough of the Wall Street games. Makes you wonder who will be buying even the great prices a capitulation could offer.
This could be the crash where the apathetic investors don't notice. Thus no bounce.