New Wave of Mortgage Failures Could Create a Nightmare Economic Scenario

Quote from HoundDogOne:

Nice post...

But all this is common knowledge among Pro Traders... of financial institution paper.
(As opposed to amateurs staring at charts).

I trade C, BAC, DB, ING, RBS, USB, ABN, MER, JPM, MS paper every day...
And even CFC paper, etc, etc.

Volatility and volume is thru the roof...
As are profits for quants scalping well-hedged bond porfolios.

May the "sky keep falling" for years and years...
I can't wait for Monday.

http://www.elitetrader.com/vb/showthread.php?threadid=107094

I like C, BAC, DB, ING, RBS, USB, ABN, MER, JPM, MS, too ;=)
 
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