Looks I was right....nobody wanted to hold over the weekend. expect more of the same here,
Truth is Merrill is short CFC and BoA is long.
Don't most ARMS have 2% per year step cap (if prime rate is higher than current % rate) up to a maximum of +6% over the term if the mortgagee does...
The markets have opened in Asia/Pacific region, but as they are across the date-line it is actually Friday for them. Will they sell down...
Hi, I have 240 analysts available also. http://www.reuters.com/article/mergersNews/idUSN1645973920070816 Bear Stearns cuts 240 subprime jobs...
Korea down over 7.4 %......brokers and hedge fund managers will be jumping from high rises if this keeps up! :)
Today feels like we are skating on thin ice....ice is ready to crack open any minute...12,900, 12,800.....
What housing issue? http://www.reuters.com/article/newsOne/idUSN1230248820070814?pageNumber=1 By Tom Brown CAPE CORAL, Florida...
Another $7.0bln. The FED are going to be working ovetime over the next few weeks. http://www.newyorkfed.org/markets/omo/dmm/temp.cfm...
Now they cancel it! The following operation has been cancelled: Deal Date: Wednesday, August 15, 2007 Delivery Date: Wednesday, August 15,...
Just as I thought...FED back at work. Expect more action today. http://www.newyorkfed.org/markets/omo/dmm/temp.cfm The following operation...
Looks to have dropped under the support trend line already? i'm looking at the 200 SMA on the DOW....not that far away.
Merrill trading desk has now gone short CFC ...they had to wait..
This Sentinal "Money Market" liquidity crunch is a bit of a worry. If funds start preventing redemptions from Money Market funds we could see a...
Ever played musical chairs when they start pulling lots of the chairs out? When the music stops playing it's chaos.....just like the current market.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1565702> Martingale Technique = cash burning!
More cash <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=1565702>
Cash <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=1565701>
When China comes calling that's what they will be receiving in return. $USD must devalue to be able to pay back the loans. C China doesn't need...
Germany Weimar Republic by printing tons of money....
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