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Wednesday 17 September 2008

Scarred Shitless

I have no clue where we will go. The fear is high. The type of fear you see at lows.
My thinking is that if WaMu goes under, like the rest of the failed institutions, then there will be a run on the banks. The problem is the FDIC doesn't have enough money to insure a bank that big.
The FDIC even said that, the writing is on the wall. The Russian stock market is crashing.
If Wamu goes, expect a US stock market drop and the US dollar to drop.

Its time for the Call of the Warriors


Good luck everyone

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