Bears

Author: Cobb

Date: September 30, 2008

by Cobb
9-30-08
i've never seen markets so volatile. the vix is over 40, the ted spread is like 350 basis points.
gold is over 900 and the dow dropped almost 800 points. regional bank capitalization is at record lows.
congress is spinning the paulson plan instead of acting and gasoline is still over 3.50 a gallon.
it's the perfect storm.
if i was in al qaeda...
can you buy stock in that?