3 replies to this topic

[nimblebear]

http://www.stocktimi...arketUpdate.htm

[Jnavin]

Yeah, well, just generally, all that bad news is out there about CDO's. An S&P downgrade of all CDO's would not be a shocker at all. It's expected -- or something close to it. I like the guy's chart, but it looks to me as if the sector is finding its blow-out low in here.

[nicolasillo]

Yeah, well, just generally, all that bad news is out there about CDO's. An S&P downgrade of all CDO's would not be a shocker at all. It's expected -- or something close to it.

I like the guy's chart, but it looks to me as if the sector is finding its blow-out low in here.

If all is expected (in the CDOs - subprime etc etc arena) why we had this selloff today?
I have said it before, the whole thing that started off in August with the Subprime story is not as small as many think! And let me ask you something? Do you know how small or big the losses are? By the way, judging from your trades since yesterday's close (as I have read on your blog) you must have a good night sleep tonight.
Good trading tom.

[Jnavin]

Like a baby, Nic. Every night.