ABX Indices stuck @ lows

Discussion in 'Trading' started by Cdntrader, Aug 24, 2007.

  1. #71     Nov 17, 2008

  2. hmm V bottom. We will see how it plays out into yr end.
    #72     Nov 28, 2008
  3. Daal


    you've got to wonder whos doing all the selling. one would think that by now every bank would have hedged, perhaps the folks from mortgage risk management now are on the hedging department
    #73     Nov 28, 2008

  4. ABX indices pounded right back this week. This could be some show into year end.

    No wonder mkt is worried about MS GS reporting on Dec 16th/17th
    #74     Dec 2, 2008

  5. another down day. Looks like end of year flush on tap.

    One has to wonder if these things have ANY value @ all, regardless of rating.
    #75     Dec 3, 2008
  6. Well Fed has created a bottom. ABX AAAA, AAA's off and running.
    #76     Dec 17, 2008
  7. Daal


    Jim grant was on bloomberg saying he's buying super senior mortgage backed stuff because they were at 20-40c on the dollar the they are 'money good' as a long defaults and severities dont go to the stratosphere, he said one could buy through ETFs. any idea of ETFs that has this?MBB seems to be agency debt only
    #77     Dec 17, 2008

  8. http://us.ishares.com/product_info/fund/overview/MBB.htm?:confused:
    #78     Dec 21, 2008
  9. I've been watching these lately. Even the BBB paper is off the lows. The equity markets have not rallied at all in 2 weeks, only consolidation. I suspect we are due for a massive spike higher.
    #79     Dec 29, 2008
  10. And..........more new lows! AAA all the way down.

    18 months and counting..............
    #80     Feb 25, 2009