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Strategies & Market Trends : Ride the Tiger with CD
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To: Rocket Red who wrote (157163)5/6/2009 6:13:43 PM
From: SwampDogg  Read Replies (2) of 312621
 
the nature of this rally makes it quite clear that this is no "bull"
the only bull is what is coming out of treasury
a 6% Tier 1 capital ratio as a goal for the banks is a joke
it all comes back to where it began and that is the housing market and the resets for mortgages over the coming weeks
it is going to all start over with more foreclosures than last year as there are more mortgages coming due
shorts will make more money this time than the last
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