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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (4662)1/9/2004 6:40:40 PM
From: yard_man  Read Replies (1) | Respond to of 110194
 
how bout some Feb or March CFC puts -- course you shoulda bought the RYL Jan puts on Monday or Tues <g>



To: Ramsey Su who wrote (4662)1/10/2004 8:37:16 PM
From: ild  Respond to of 110194
 
I have short positions in all three. They all went big in subprime sector, so for a while they may be making good earnings off poor people. So far the market has ignored increased risks but at the same time the valuations are not ridicules. What makes you think the surprise is coming next week? IMO PMI stocks (assuming the market knows how to price them) can be used as a harbinger of a top in housing. (Or may be the housing is topless? -g-)