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What is a Megaphone Top Pattern - More importantly - What does it mean?
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[QUOTE]Originally posted by glassman: [QB] i have never been able to confirm the validity of this statement even though i have tried for a couple of years, but if this is true? then we are really forked... [i]Can the Fed’s equity capital of $56 billion — yes, the Fed is leveraged 77 to 1 — be wiped out? A mere 1.3 percent change in the value of those $4.3 trillion in bonds would theoretically wipe out the Fed’s equity. Can the Fed go down the tubes, in the same way that Bear Stearns, Lehman Brothers and Merrill Lynch did?[/i] simple answer - no brainer [/QB][/QUOTE]
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