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Sobering Stat: ARMS Index Indicates Market Is at Peak, Not Bottom

yeah even worthless stocks like INTC and DELL finished up. I mean, what's this mkt coming too? C, AIG and INTC all up? Jeez, sell everything, not.

Five Reasons the Market Could Crash This Fall

what an angry guy....basically his thesis is the mkt needs to go down because it's gone up a lot from the bottom. If you used that logic last year you would have been long at 1100, 1000, 900 etc. the SPX is only up about 10% on the year and still down a ton over the last 2 years.

Bernanke: Markets Are Still Far from Normal

I was wondering what exactly the fed was trying to communicate by saying the markets are far from normal. Everyone knows Libor has been high etc. but I'm wondering if the collateral the ibanks have been posting with the fed in the Tafs is losing value rapidly and what it could mean for some of the smaller ibanks like Lehman and Merrill. any thoughts?