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Just When You Think It Cannot Get Worse...

The power and trading elite have aligned the stars on this one.

I mean while it will NOT exceed 2008 or early 2009, hold on to your hats for the next 8 trading days.

Righteous.  This is what comes to mind because we are about to have another semi religious experience in the markets.

CDS or credit default swaps are peaked to perform to perfection.

LIBOR popped ominously today.

And the stage is set for tomorrow.  Serious multiple whammy kinda stuff.  Germany is to damned if they do and damned if they don't.  The US budget stuff was fluff for the last couple of days worth of market yanking down and up and down, but the real wind is about to blow.

Hang on because it is coming.  I think I will take another 5% off of every stock I described earlier today.

This is going to be good.