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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus_Long who wrote (29590)	2/17/2008 8:29:02 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 217764

I would like to find an untra-short ETF for Japanese financials, which own more than $500 billion worth of the greatly impaired Collateralized Mortgage/Debt Obligations on collateral in the US. The loss suffered by American banks is a small fraction of the Japanese losses. There are other major international CDO holders who have not yet been identified. But the stocks of Japanese banks, insurance, and retirement management companies have not yet reflected these losses which should approximate $400 billion. That's a lot of Toyotas. .

To: Lazarus_Long who wrote (29590)	2/17/2008 9:02:15 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217764

I am long skf finance.yahoo.com betting on it continue to rise, meaning financials down, and i am short skf puts, wagering the puts to expire worthless, meaning skf will be worth more, meaning the financials continue their collective hurt i am thinking about shorting puts on warren's company, figuring it will rise more or much more depending on whether warren saves the financials cheap, and the officialdom bails all out and makewarren richer finance.yahoo.com

To: Lazarus_Long who wrote (29590)	2/20/2008 3:03:25 PM
From: Lazarus_Long	Respond to of 217764

OK. Clear enough. I won't even wish you luck. :-) You won't need it. :-) US$ MAY BE forming a bottom. quotes.ino.com But if the Fed keeps lowering, I wouldn't bet on it. stockcharts.com Oil broke $100 again.

To: Lazarus_Long who wrote (29590)	2/20/2008 7:44:07 PM
From: Ilaine	Read Replies (3) \| Respond to of 217764

I dunno about where you are, but DC metro area does not have real estate turnover, unless you mean foreclosures, and the banks are the only buyers now. As always, this depends on locality. Prince William County has hundreds of foreclosures in the works, City of Alexandria, maybe 10. I find it ironic that Prince William County has been very aggressive about cracking down on illegal aliens. Interestingly, many of my clients are "recent immigrants". But then, some are non-Hispanic, black and white. As one white lady told me, as part of the rationale for giving up the house, "I used to think I hated rap music, but I hate mariachi music even more."