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


To: Real Man who wrote (77958)1/22/2007 10:30:19 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'However, the game may last for a while longer. I simply don't see the "end" right now - the oil got crashed, the longer
term rates are low, the dollar is above 80. The Pig men
have won again. Got to see sharp moves - much higher
LT rates, much lower dollar.'

Lots of cross currents for sure. I agree we need a disruption to the status quo. More like a 20% drop in the dollar or 7% 10 year treasuries within 12-18 months for a real disruption. What I find it incredible is how the mantra of housing having bottomed is now peddled in DC and on Wall Street.. We have a 'soft consumer lead recession' and another 18-24 months of bad housing data still to come IMHO..



To: Real Man who wrote (77958)1/22/2007 11:01:38 AM
From: Mike Johnston  Read Replies (2) | Respond to of 110194
 
Sp down 7 points. I guess somebody fell asleep in front of a screen.

Or maybe they want to entrap more shorts.

Disclaimer: Short SP futures, but not expecting to make any money on it. -g-



To: Real Man who wrote (77958)1/22/2007 1:29:44 PM
From: bart13  Read Replies (1) | Respond to of 110194
 
It's too early to say for sure, but recent evidence shows that every type of credit except bank credit has either broken its up trend line or is down trending.