the govt. program that has refinaced mortgages have set up a worry that there is a possibility there could be double the 1.5 million foreclosures. This is adding to the bail out with china syndrome september effect and forward looking jobs fear for friday. This also sets up a reversal probability as none of this has come to pass but stocks are coming in as if they have
turnaround tuesady can't come soon enough it will be prudent to adjust positions if we get the pop
as fear will regroup Wednesday and Thursday. this is now a global correction monday as the Us capitulation completes the sweep. Shanghai the Chinese ponzi market retreated 7%. The US drops a hundred disreagarding positive data on fear
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