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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (43981)	6/30/2002 11:01:33 PM
From: morokko65	Respond to of 209892

Allan, Thanks I will see what I can come up with regarding macro delinquency data. I have somewhat of a worm's eye view, so sometimes the macro picture gets lost. Credit cards and auto loans will go first in a credit implosion. Typically folks will allow their car to be repo'ed first. The problems at PVN, Ford Credit, etc will be the canary in the coal mine. COF is likely to choke before WM & FNM. I read somewhere that DELL is the largest sub-prime lender in the US (I do not know if that is accurate..) All those leased P4 boxes to "dudes" establishing credit, I guess. I have mostly lurked here for a year. I heard about you guys over on the DrBob board. The chart tells me the NDX hits 920 or so soon, my gut tells me I blew it on friday by selling my QQQs for $2 profit if the NDX goes to 1200. Now that the debt ceiling was raised, Uncle Al, can bid the SPX back up to 1050... Good trading