5 replies to this topic

[SemiBizz]

Asset Backed Commercial Paper is going to be marked-to-market....?

Variable Mortgage resets in the next year over $3/4 Trillion...?

What about them?







Is this party going to turn into a BBQ or a stampede?

[OEXCHAOS]

Which is more probable: rates stay where they are and the resets get very bad indeed for the economy and RE? rates decline and minimize the damage?

[ogm]

Don't you think the market is already reflecting a big part of those expectations ? Everyone and his brother knows about rate resets already. CNBC can't stop talking about it either. Market is a discounting mechanism. If its out there in a public knowledge domain, then its most likely already factored into the prices.

[sglasson]

semi - is vol tracking less than yesterday? thanks

[SemiBizz]

About the same to a little less on Nasdaq... zzzzzz. This low volume whipsaw sure is a lot of fun huh? Makes fools out of the forecasters every time. I'm watching, because the only folks making money here are the brokers... Yesterday they bent the bulls over the rail, today it's the bears... Quite a stroke job all the way around. We'll get volume next week... that should improve the accuracy of some of the forecasts.

[sglasson]

vol still likely to be lighter on support/resistance test - consensus seems to expect test of 8/16 low - perhaps we test 8/8-9 prices instead