Big Bank cries "FIRE!!!"

When the tall guy in a crowded room cries "Fire", what follows is a stampede. There was surprise in the markets when "Goldman Sachs", perhaps the only bank untainted from the sub-prime mess predicted "Recession" coming in 2008.

Given the gloom in the larger market, it could only get worse given such statements. Hope it does not lead the crowd to jump the gun. Thank goodness... Houses don't sell as quickly as Stocks. If not, we would have seen a quick domino fall. Unfortunately for everyone, if there were a recession, it would be a slow painful one.