Quote from sobemark:
you're right ..but its not really a subprime problem anymore and thats what is hurting the markets .. the cancer is spreading up the ladder at an alarming rate .. 50b per month in arm resets starts this october ...we haven't seen anything yet ...
I'm hoping for the reddest October ever!
These 2% swings up and down in the DOW is just a taste.
Can we just crash and get it done with?
Thats the dip I'm buying...
Can we stop talking about rate cuts? How about a rate boost to save the US dollar?

