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

To: Think4Yourself who wrote (109242)	3/12/2008 10:32:59 AM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

I don't think we're that much in disagreement except for your categorization of the Fed allowing MBS to be used as collateral is a long term positive. I think it will produce a short term rally, then the anchor of falling underlying asset prices on residential RE will reassert itself. Sounds like you're in the same camp on that part. Mortgage-treasurey spreads going forward will be key. They narrowed a bunch yesterday, but will that continue?

To: Think4Yourself who wrote (109242)	3/12/2008 11:15:27 AM
From: saveslivesbyday	Respond to of 306849

"some person or people with great power have influenced S&P and Moodys to look the other way on these bonds" Clearly, this is why in the past few weeks the DOW has gone up and down 200 points almost instantaneously, just by mention of ABK and MBI news. As I've said before, like ABK is standing at the edge of a cliff, with the worlds' financial institutions chained to one leg .... It's the most egregious hypocrisy - that out of one mouth the Senate is "investigating" Moody's and S&P for their role in precipitating and perpetuating this MBS ratings scam, and out of the other they're whispering: " please, please don't downgrade the monolines, or the financial world will crater"