Discussion in 'Trading' started by Cdntrader, Aug 24, 2007.
they just delay a new issuance of ABX due to lower demand
still more lows 26 weeks and counting....
and more new lows this week.
stuck near lows 29 weeks and counting....
closed @ new lows. 30 weeks and counting....
Closed @ new lows. 31 weeks and counting.... an ugly week.
Taken out to woodshed again. more new lows. 2007 AA down to 28!!
Anything injected into the bond insurers at this point will be lost, there is going to be much further losses and these guys are going to ultimately get phuked. cannot believe S&P and Moody's have not learned their lesson and downgraded these piece of shits. There is an investor lawsuit on these rating agency's coming to a venue near you!! stay tuned!!!!
these CDO prices are insane. You have to believe the bagholders are goin to have to confess to more writeoffs asap
3 days in arrow of new lows. This may be the worst week since the first week of aug tank.
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