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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: russwinter who wrote (16331)11/19/2004 5:24:08 PM
From: patron_anejo_por_favor  Read Replies (1) of 116555
 
<<the Fed chief said rising rates had been advertised for so long that anyone who had not hedged by now was "desirous of losing money.">>

Oh, so THAT's what he meant when he advised homeowners to convert to ARM's...."get these now so when I jam the rates up in a year, you'll be screwed to the walls!"
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