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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (80482)7/13/2008 9:58:15 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
It looks like we'll rally from here for some time now.
Fed signal is here.
Buy financials -g- Of course, they report this week, so ...
if those are bad, ... <G>



To: GROUND ZERO™ who wrote (80482)7/14/2008 5:35:51 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
This is the cause of the credit crisis, the markets reflect
the effect. Note that the peak comes this summer with three
very bad months - June, July, and August (the peak). Then
there will be a sharp drop in subprime rate resets starting
September.

The next wave of the credit crisis is scheduled to begin
in mid 2010 and 2011 on Alt-A resets.