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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (1732)	3/5/2007 4:42:28 PM
From: Land Shark	Respond to of 6370

CCRT going to go the way of the CRT (replaced by flat panel displays)

To: Bill Wexler who wrote (1732)	3/5/2007 6:10:01 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

While lenders of all kinds get some heat, CCRT does not see that much selling. still favoring a short in ACF and also CFC on the subprime side. CFC doesn't get a deal not at this valuation. There is a nother deal coming up. GBP/JPY lost 20 or nearly 9% in about a week. At this rate the JPY is overvalued and will succumb to the general $ rebound once the carry trade is liquidated. The soft currencies got slaughtered. NZD off 3%,more than 5 standard deviations. Hedge funds are bleeding every minute. 3 of them die next week. Then we rebound, but perhaps wait for some gyrations from financial futures liquidations.