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Mark to market relief bounce... coming up?


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#1 iloli way

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Posted 03 March 2009 - 08:21 AM

Can anyone tell me what's this talkin about?

Mark to market relief... coming up?
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#2 kavaron

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Posted 03 March 2009 - 09:24 AM

Rumor said that this is the last wildcard the government has right now. The suspension of mark to market.... The rumor also said that it would be announced mid March but if things get out of hand they could announce it earlier any day (watch stress test results)

#3 Data

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Posted 03 March 2009 - 09:29 AM

he's talking about assets being marked up when the cycle turns. if that's your expectation, you would be buying the corporate bonds now.

#4 iloli way

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Posted 03 March 2009 - 09:54 AM

Rumor said that this is the last wildcard the government has right now. The suspension of mark to market.... The rumor also said that it would be announced mid March but if things get out of hand they could announce it earlier any day (watch stress test results)


kvr: thnkas, I totally understand the subject, just the content of this post a little too much for my west coast wee hours to sobering up.

Honestly I thought both ban of the uptick rule and revive of m2m were BY DESIGN to invoke the greatest bear market of 2007 up to present, until the great wealth has done transferred, it just might serve as a tool to brake the process as you implied. Just don't think it's anytime soon. Yet look at BKX, XLF, UYG, FAS, FAZ, SKF....time is getting closer everyday.
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton