I'm looking to buy the GMAC 7.375% bonds today (GOM). At 35% yield-to-maturity I've got to put a few bucks in the bonds. Reminds me of the NYC bond crisis back in the 70's. What a great time to buy.
i was thinking the same thing but what scares me is the total loss of confidence in the banking system..its a world wide concern.
......and a very very PROPER loss of confidence of the banking system.......this planned financial grid takedown is much too obvious. Do not be their road kill! :eek:
"Buy the open ES 860-870" Aaron Copland Registered: Nov 2007 Posts: 1381 10-10-08 08:29 AM We can't fall much futher Aaron Copland New Post 10-10-08 08:54 AM This is it buy. So Aaron, did you buy between 860-870 off the open? Of course not! You don't trade, Oh can you please post a snap of your Demo account again!