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techcharter

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techcharter

Re: None

Wednesday, 02/27/2008 9:45:27 PM

Wednesday, February 27, 2008 9:45:27 PM

Post# of 51808
ABX Mortgage Bond Inices Plunging.

The high priced ABX AAA index plunged about 1% lower today. It is still in the 90c range at 90.80c, but won't take much longer before it is in the 80c range. Similarly the 2 ABX indices in the 70c range are close to falling into the 60c range.

Eventually the stock markets will follow as stocks are sold to pay debt.
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