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


To: loantech who wrote (13976)5/15/2004 3:09:43 PM
From: russwinter  Read Replies (2) | Respond to of 110194
 
Very funny, let me give you the short version. There isn't enough money and borrowing capability on the planet to keep all the inflated bubbles afloat. There may be enough to float some, especially where there are real fundamental shortages (many commodities for example), and they aren't just based on raw moral hazard induced speculation (housing and most stocks and bonds), but not all. This kind of trend is very significant:
Message 20127935

The drop pattern may be like popcorn popping, or it may be just one thunderous crash. So far it's been the former, which is why nearly everyday you see some high flyer do a fast break. In a way, that's the best pattern for a bear, because you can try and rotate from one collapse to the next, and catch a whole series of bubbles bursting.



To: loantech who wrote (13976)5/15/2004 4:16:47 PM
From: stevenallen  Read Replies (1) | Respond to of 110194
 
Mauldin is somewhat like a lawyer who bills heavily by the minute only Mauldin bills by the word

LOL! - He is indeed somewhat verbose, and becoming more of a self-promoter these days, but for someone like myself who has no formal training in economics, I find his pieces quite enlightening.

Not to mention, they also help me rationalize my intuitive desire to short the hell out of this market!