what's more? please share...

of course liquidity is not the only thing,but looking at short term lending rates like LIBOR, and treasury yields, you can see how much people are eager for CASH and how much they want to put CASH in a safe heaven. These few days, investors's confidence is collapsing. They just wanna get out of the market at any price.

i m not saying "in fact" there is something morebut evidences are pointing to that mkt is more concerned abt fundies now 1) refer to my post below on STX PO, replying someone. see how the base metal/us consumption/high capex names are being sold 2) wal mart news blew so hard 3) hard very big long only funds are selling down mkt in these two days 4) big cap leading the dive things cld be worse if there indeed turn out to be something wrong

为何大资本如此脆弱？ 一个subprime全趴下了？

subprime是underlying，真正杀手是derivatives whose underlying isbased on those subprime. 由于derivatives有高的leverage效果，所以就这么扩大的。由于国际化，资金流动自由，所以美国出问题，别的地方受影响。而相对资金比较封闭的地方受影响就少。

investors withdrawing funds from emerging mktit is something even big funds cannot control. mutual fund has been flowing out emerging mkt big in past two month.

哦哦 不是啦 A股QFII是small playerA股的担心不是这个 A股纯粹是因为技术面的担心

哦哦 不是啦 A股QFII是small playerA股的担心不是这个 A股纯粹是因为技术面的担心