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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (25353)	1/26/2005 10:57:02 AM
From: mishedlo	Read Replies (2) of 110194

as Greenspan said, those who have not hedged are "desirous of losing money." can't say he didn't give a warning. You never explained to me how those on the other side of the trade are not losing their ass. Are there no losers in the "Greenspan Hedge"? Forget about the people that did not hedge and are "desirous of losing money." What does that say for those actually taking the other side of the hedge? Until someone can explain that, this is just another totally stupid Greenspan comment. Anyone hedging by being short LT treasuries has probably lost their ass. I keep asking this an no one ever answers. Mish

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