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

To: saveslivesbyday who wrote (40832)	9/19/2011 12:25:05 PM
From: Roads End	3 Recommendations Read Replies (1) \| Respond to of 119360

Here is Russ Winter re Greece over the next couple days. Sounds like Geitner likes gitting bitch slapped. "Greece faces a 769 -million-Euro interest payment on two bonds on the 20th and it seems that a slew of September 2011 CDS goes off on the 21 st, and much of that insurance was sold by Wall Street. Lately, and I think for good reason, there has been a slew of Greek default rumors. The best outcome for European banks would be a Greek-structured default (that will come up short) on the 20th, so that at least the CDS bill can be sent to the U.S. rackets and speculators and probably the Treasury/Fed, so that they can socialize the losses on Aunt Millie."

To: saveslivesbyday who wrote (40832)	9/19/2011 12:28:14 PM
From: John Chen	Respond to of 119360

" Don't anyone get too complacent " Plus the evolving S&P downgrade to be scheduled, AAA -> AA+ (mission accomplished) AA+ => AA- (any sign of more spending, less cut) AA- => ABB ( headline releated maybe: continuing deadlock in gov.) ABB => ABC ( headline proposed maybe: consumer confidence dropped unexpectedly ) ABC => ACC ( headline drafted maybe : GREECE problem 'resurface' ) ACC => A-- ( headline in the pipeline maybe: unemployment filing higher than whisper number ) A-- => BBB ( headline to be drafted maybe: GS downgraded USA as investigation continue without settlement) BBB => FFF ( President Mao finally cannot take it and must intervene ) Awesome.