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Replies to #14094 on The Black Box
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Chris McConnel

03/08/04 4:20 PM

#14096 RE: WinLoseOrDraw #14094

>>> Fannie will get it wrong and blow up.

Gawd help us, all if it does.
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sylvester80

03/09/04 1:41 AM

#14105 RE: WinLoseOrDraw #14094

>>>Fannie will get it wrong and blow up.

Unfortunately the market has not discounted any kind of blow up yet. However I think the market maybe starting to discounting that this recovery with no jobs won't last much longer. Add a major blow up in the mix and we are looking at one volatile market ahead. And that's beginning to show up on VIX with a nice move up yesterday (up 9+%). I think the market criminals are buying some insurance after the pathetic job numbers last week. All IMHO of course.