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Alias Born | 11/25/2007 |
Tuesday, September 16, 2008 7:46:54 PM
I think the pms provide some liquidity for those who need cash to cover calls or similar issues. Thus, when we have huge negative news in the market, the dollar is still in the tank, FNMA and FRE are now proven to have been insolvent, amonst many other things?
This is not normal and will not last, imo. The world over and above Wall Street, know where safety is and have for a very long time. It is in pms and they will shine, just when we least expect it! BAAAMM
Prisoner hangin in there...no pun either
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