ABX Indices stuck @ lows

And..........more new lows! 2007 AAA all the way down to 26. Going off a cliff. Down 50% since Sept 08.


Surprising given all the talk about mark to market changes.:confused:
 
Quote from Cdntrader:

And..........more new lows! 2007 AAA all the way down to 26. Going off a cliff. Down 50% since Sept 08.


Surprising given all the talk about mark to market changes.:confused:

guess the equity markets love this !! lol
 
Quote from Cdntrader:

And..........more new lows! 2007 AAA all the way down to 26. Going off a cliff. Down 50% since Sept 08.


Surprising given all the talk about mark to market changes.:confused:



few up days off the bottom in ABX AAA's this week.
 
Quote from Cdntrader:

few up days off the bottom in ABX AAA's this week.

It seems that only the AAA securities will be allowed to be bought by the Geithner bad asset program
 
Quote from Cdntrader:

So much for that. More new lows!....19 months and counting.

Rumor is that bill gross is offering solid bid support at 5c on the dollar
 
Quote from Cdntrader:

So much for that. More new lows!....19 months and counting.
Wouldn't this be the case as long as unemployment is rising? Subprime holders will avert risk of financial loss only if unemployment reverses, pressumably.
 
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