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Politics : Foreign Affairs Discussion Group
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To: c.hinton who wrote (239534)8/16/2007 4:14:04 PM
From: michael97123  Read Replies (1) of 281500
 
What you have been watching is forced liquidation due to margin calls because some assts could not be priced added to forced liquidation by hedgies to meet redemptions. It looks to me that the buy orders were in after the 10% decline from 14k was triggered. Now some up and down and maybe even a retest in a week or two. Fannie Mae says they are negotiating to get into more loans. Fed is not ignoring this. Tomorrow all markets should begin recovery.
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