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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: KyrosL who wrote (1140)10/12/2005 4:16:55 PM
From: energyplay  Read Replies (1) of 217571
 
Good points. I saw an article indicating that Country Wide, one of the biggest US mortgage issuers, had already sliced up a portion of their interest-only mortgage portfolio into tranches, and sold a few billions of the riskiest tranches to Europeans who are hungry for yield.

Being in cash - October tends to be the killer of bear markets.

Some of the technical people are starting to look for a possible breakout to the upside, after a little more grinding lower.
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