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


To: DebtBomb who wrote (88716)11/8/2007 9:50:00 AM
From: Paul Kern  Respond to of 110194
 
BID puking. No bids. Deflationary cycle kicking in?

Bad auction results last night. Few bidders for impressionist paintings.



To: DebtBomb who wrote (88716)11/8/2007 12:15:03 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'No bids. Deflationary cycle kicking in?'

We are far past that in parts of FL. A housing crash in percentage terms for the ages already yet no added discounts on groceries, cars ect.. I see Wash Mutual and mortgage insurer PMI have some serious selling today..