A Special Message from Bill Singer: Folks, I've been involved in a number of conferences, panels, and roundtables during my nearly three decades on Wall Street, but this three-way exchange with Matt Lloyd and Greg Ghodsi is truly one of the most thought-provoking pieces of all. If you truly want to get a sense of what's on the minds of industry pros these days, and you want some insight as to why fingers are now hesitating over the order trigger (or being pressed down nervously), this is worth reading.