Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (75799)	6/21/2007 3:34:38 PM
From: Real Man	Read Replies (1) of 94695

Message 23642772 Well, nobody has huge losses on $1T in CDOs, cause they are "valued to models", and the bond houses are in no rush to downgrade because WS are their best customers. Until someone sells. -g- Then, all of a sudden, the market discovers this junk has no value. Who wants bonds that will not repay the principal? Meanwhile, we can pretend all is fine, and continue painting the tape and ask the Fed to fly some hilos. Buy the dip -g-

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