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To: MythMan who wrote (351400)12/19/2007 9:39:18 AM
From: Real Man  Respond to of 436258
 
That's right. I expect more bailouts before C goes to zero,
it won't get there immediately. Perhaps, just much lower.
BSC might go to zero too, I agree with your view there,
and I think it's a possibility that SP goes below 1400
and does not stop and rally at 1406 like PS is predicting -g-
It did not take long for Countrywide after their bailout,
and CFC is still above zero, but close enough -g-



I just expect quite a bit more writedowns. Some banks and
brokers are walking dead. They could remain walking dead
for some time.



To: MythMan who wrote (351400)12/19/2007 10:30:35 AM
From: Lucretius  Read Replies (3) | Respond to of 436258
 
is it crashtime yet? my puts are stagnating