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To: skinowski who wrote (6096)3/24/2008 12:42:37 PM
From: Galirayo  Respond to of 41440
 
[ot] After some street pounding and shopping the Auction Block here .. I'd guess 80%+ were ABN and C foreclosures. And they were bidding them up to take them to REO and having to reserve against that block.

They refused to just let them go very cheap .. to my dismay. -ng



To: skinowski who wrote (6096)3/24/2008 2:55:42 PM
From: Galirayo  Respond to of 41440
 
[ot] Let's call this Common Sense instead of FA for now.

'If' the USD has found a Genuine bottom ... is this merely a Burst of Foreign Investing in the US Stock Market since the Exchange Rate is Changing .. ??

A Question to Ponder in your Spare Time.

I'd bet this idea can be Charted someway.