Anybody still watching ABX Indices ?

Discussion in 'Economics' started by ASusilovic, Feb 8, 2008.

  1. [​IMG]


    Funny enough AAA is coming under pressure while BBB seems to stabilize...any reasonable explanation ? :confused:
  2. Mvic


    Sell what you can?
  3. just21


    Why is there not a futures contract for this market?
  4. Bowgett


    Because there is no market. There will be no new ABX indexes because of lack of new securities.
  5. moo


    There is the CDS derivatives market. But the size is too large (I guess) for us pikers.
  6. moo


    I see a descending triangle in the AAA and AA indexes. And the BBB looks even weaker. So I guess they are all going to collapse again soon.
  7. Bound by zero? Law of diminishing returns to continue shorting paper that's not *technically* bankrupt. Recall that these things are insured [ROFL]. You'll see the BBB paper trade to 10 when an insurer declares Ch.11.
  8. Mvic