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


To: carranza2 who wrote (39356)8/28/2008 5:27:36 PM
From: TobagoJack  Respond to of 218055
 
easier if you just wait for my march report
but of course i would be fully allocated by then :0)



To: carranza2 who wrote (39356)8/28/2008 8:05:54 PM
From: TobagoJack  Respond to of 218055
 
just in in-tray

fwiw-

Fannie/Freddie Chatter - Something Big is Brewing

Posted on August 28th, 2008 in Daily Stock Market / Economic News - The Real Story, Mr Mortgage's Personal Opinions/Research
I am hearing chatter something is about to go down soon. Who knows if this will be a bailout, but rest assured the tax payer will likely be on the hook for something.

The options market is confirming something is brewing with the XLF put-call ratio out of control. There have been approx 500k at or near the money front-month calls and 250k for next month. Put volume is a paltry 110k front month and about 45k next month. Several other indicators of ‘news pending’ are flashing.

Being the contrarian I am, I would view this action as bearish for financials. We will see soon. -Best, Mr Mortgage

Earlier today I discussed why keeping them private will be bad for housing. But who the hell knows what the solons have up their sleves. Link below.

mrmortgage.ml-implode.com