Remember, we still have the failure of Indymac. That's not good for the tape. It might be a wash at this point.
interpretation of FNM/FRE news
- Thread starter scriabinop23
- Start date
FRE and FNM are old news now, they will be saved. Exact mechanism tba.
IndyMac, FRE, FNM, LEH these are the ones that are known. My question is how much are the markets discounting the next round of collapses [ie the ones that we don't know about].
IndyMac, FRE, FNM, LEH these are the ones that are known. My question is how much are the markets discounting the next round of collapses [ie the ones that we don't know about].
.."You are on crack. Please cite the last day the futures were up 30 handles or 50 pre-market. I'll be waiting patiently. "..
mave, I can sight the day when they were down 50, and thats was Feb 2008 when the SPX did its plunge and the French trader had there issues.
10 handles is nothing.
mave, I can sight the day when they were down 50, and thats was Feb 2008 when the SPX did its plunge and the French trader had there issues.
10 handles is nothing.
Down sure...my comment was about the futures being up 50. Futures just don't move like that to the upside. Not pre-market. This is a sizeable move, especially considering the news is not exactly good. It's just better then expected.
