Heard thru the grapevine, of more than a few guys lost it all in Refco, only to lose it all again in MF Global. Seriously, just a nightmare. I'd heard that once Corzine came on board, 10% of each paycheck went into company stock.
LoL doomsday predictions are always fun. Ok ok let me do my one... err, how about... in 30 days! no no wait, i was joking. February 10th 2012. There. 10022012 as us europeans would say.
Uhh somewhere between 50 and 1150 i think. 753.21 is about the mean value according to my incredibly complex statistical analysis.
S&P broke key support at 1120.... I didn't think it would today. Get ready for a serious sell off, 20% or more. We see banking system under pressure in EMU...... Not so much that the exposure to EMU is huge on the US banks....but FEAR and DOOMS DAY Psychology could mount and we may blow past 911 lows next quarter. Things are not looking better, regardless of the CNBC and Pundits SPIN!