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Old 10-18-2008, 10:18 AM  
teomaxxx
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Join Date: May 2003
Posts: 2,734
Quote:
Originally Posted by Vendot View Post
Libor is coming down now........ so shouldnt we be coming back from the brink?
yeah, thats definately best sign we could get. second one, watch Lehman CDS auction on tuesday, if things will go well - only 6 bilion loses as head of regulating agency suggested against 200 bilions as some bank analysts suggested, the Libor should come down significantly and it could be a good time to buy recession-proof stocks.
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