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

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To: TH who wrote (100247)12/15/2008 1:09:50 AM
From: pitbull_1_us  Read Replies (1) of 110194
 
Dosen't really matter imo.more important is the language they use re their actions to loosen the credit markets and slow the value declines.They gotta do something.Something that dosen't cause the conservative responsible to riot.Are they just gonna out and out purchase mortgages.What??.this rally is just a dead cat bounce.Wait until the rest of the losses come due for the alt-a and option arm mortgage that are going to begin resetting coming early next year and peak in late 2010 and last thru 2011.Another 1-1.5 trillion losses.Not to mention the end of next year the losses for the commercial real estate should begin to occur.
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