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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?


To: PatiBob who wrote (150138)8/16/2007 10:42:32 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 225578
 
<< This is a long's buyers market so far as I'm concerned.>>

This is SO far from over....so far! The fed has been throwing tons of money at a problem that shouldn't be fixed that way. This deal requires some outside the box thinking. 650 BILLION in ARM's come due next year. People are going to get blown out of their homes and lowering general rates IS NOT the best solution but thats what the Fed will do.