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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: stockycd who wrote (96497)8/20/2008 9:36:35 PM
From: Paul Kern  Respond to of 110194
 
could we see some below one dollar NAVs?


Maybe but most of the fund operators would step in and keep the NAV at a buck.

How about the funds in IRAs and 401Ks that hold the stock?



To: stockycd who wrote (96497)8/20/2008 10:06:51 PM
From: Box-By-The-Riviera™  Read Replies (2) | Respond to of 110194
 
they will attempt to guarantee the debt.. that's the whole point.

anyone else...........zero.

then... when we cross the first trillion in losses "we" are standing behind, that will be rethunk i suspect.

6 trillion on the line............ even at less than 50% failure to zero............

but they ain't talking about that yet.

meanwhile........once "we" are made to cover it.........

let the smart pension money and anyone else who has a brain start liquidating their holdings backed by "us"

after they get out

its just us, the folks still employed by us, and us again.

see?

its a process.

you will never feel it coming.

better than ky, and worse than not recovering from your hernia operation.

watch. you will see before your very eyes, as they quietly undress all "you" have left.