I don't know. I seldom follow analysts...just the charts and forex and the Euro sell-off at the moment is a reluctant one...its the Pound thats gunning which makes me kinda scratch my head. Obama will come up with something to calm the other markets I would imagine. They always do.

But then again, as you point out theres so much afoot, we may well be on the brink of something. I tend to steer well clear of speculation other than to keep abreast of the news.

I read somewhere that trillions worth of derivatives were wiped out during Sandy which sounds scarey. Not sure whether its nonsense. Have you heard anything?



I heard that trillions of dollars worth of certs were probably destroyed in the vaults of the DTCC

that may or may not have an immediate impact, although at somepoint I'm sure it will cause someone a big headache

I also heard that the head of Derivatives Trading at UBS (I believe) was just replaced with an algo..lol. Some poetic justice there I guess

here:

[link to www.bloomberg.com]

That was getting a bit of buzz with the Goldman Elevator crowd, you can bet