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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (85777)8/17/2007 7:42:40 AM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
Junk credit spreads not looking too hot after today, of course that market closed before the last hour miracle:

stockcharts.com

And thank you for pointing back to that 1998 reference, I had forgotten about the options ex ramp.

BC



To: Les H who wrote (85777)8/17/2007 9:16:32 AM
From: Les HRead Replies (1) | Respond to of 306849
 
Countrywide upgraded to neutral. Current price reflects balance between risk of falling to breakup value of $7.25 versus reward of recovering to $23.50. Risk/reward ratio is now 2.5.

biz.yahoo.com