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

To: DebtBomb who wrote (200894)5/7/2009 1:17:47 PM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
The market(mirror of the economy) has been given steroids
But there's no magic bullet for the economy.

COF perfect example of the madness. They're no better off than they were two months ago. Yet stock has been propped at top range for hours now. Magical suspended animation. Prospects are grimmer for them as signs of stability for their customers are few and far between. COF still needs to face much higher default rates-record high- given the gravity of the beating J6P is enduring. Less people losing their jobs than analysts called doesn't mean less people will default.
Of course, that's the one I picked up a bunch of puts on yesterday



To: DebtBomb who wrote (200894)5/7/2009 3:35:22 PM
From: NOWRespond to of 306849
 
i dont think they have any pretensions about saving anything but their multi million dollar bonuses


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