Replies to post #110233 on ajtj99's Market Pulse

[chainik]

Aj, what's your current guess about reaction to CSCO earnings?

IMO the market badly needs a dump in techs/qqqq. I wonder whether CSCO might be used as a pretext.

[jdaasoc]

Well speaking of rumors

My broker had had an officer in senior management brief them this morning and they said that the word is one if the large brokerage firms is going to go out of business and that another large money market fund is below 1.0 meaning your not going to get all your money back out.

I am not going to say what brokerage firm it is but you can get the idea of who it is and it is not Merrill.