V,
For another slant on the panic/desperation/euphoria in the stockmarket and financial /business world compare the current situation with the Dance of the Seven Veils .
By my reckoning we are at veil 5 yet to be removed /yanked away/ripped .How so?.
V7 US Subprime and collapse/resteucturing of mortgage companies .
V6 US Banks writing off,worst performance for decades/half centuries in 4th calendar quarter of 2007.
V5 CDO/SIV ,another area of sophisticated (!!!) derivates
brought to you courtesy of the masters/spinmeisters of the financial universe.
V4 Monoline bond insurance .Hands up all those readers of hc who heard of that before !!.To affect infra structure .
What's left?.Try c/card write offs,lbo debt write offs ,commercial r/e adjustments .
So will we finally see that precious ,unadulterated v irgin in all her glory ???.
Time will tell.
Safe trading
- Forums
- ASX - By Stock
- XJO
- another subprime victim
another subprime victim, page-31
-
- There are more pages in this discussion • 228 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,098.6 |
Change
22.900(0.28%) |
Mkt cap ! n/a |
Open | High | Low |
8,075.7 | 8,143.6 | 8,075.7 |
Featured News
XJO (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online