SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (26915)4/5/2005 2:01:48 PM
From: ild  Read Replies (1) | Respond to of 116555
 
I'm short ACF, but closed NEW before it went down.
IMO the resent break in NEW and LEND reflect just margin compression as many majors moved big time in subprime as it was the only place with healthy margins. No defaults or something, just margin compression.

I'm short CFC, RDN, PMI and MTG.
I have poots on XLF and RKH as they have very little time premium.