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

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To: russwinter who wrote (38171)	8/9/2005 9:03:59 AM
From: Ramsey Su	Read Replies (1) of 110194

Russ, I am in total disagreement with your advice regarding renting. <ggggg> Anyway, we had mixed signals last night. SAX, another subprime lender, confirmed how difficult that market is and the trend that many on this thread is expecting to happen. ACF, on the other hand, gave a different signal. As a subprime used car finance company, I was looking for them to give a signal on the sector of the population that may not be benefitting from any asset bubble, be it equities or real estate. There is no sign that delinquencies are creeping up, nor loss severity in spite of all the pressure on used car prices. IMH, yet another subprime lender, reports tonight. In the mean time, listen to this one if you have time. I like to hear what they have to say about current conditions. biz.yahoo.com Ramsey

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