the 'shorts' will come back and... beware the rate drop to come. Remember that the market is around 6 months ahead of the event. Another strong rate drop may signal that the 'recession' may be short lived or a 'soft' one. The Govt is also gearing up for a monster stim package. I noticed that one of the US banks said they had basically finished with their write offs. it may only take another couple of those remarks from the US banks and this market will turn around. This could take anywhere from weeks to months, so good luck with that guess work. The insurance bond market and the credit card debt issues remain open to another world of pain. The FED is basically trying to give the banks and the punter an ability to pay off the debt and take the strain out of the system. This is a whole bag of worms and i guess since they don't really know how bad things can get..the best thing to do is just axe rates as fast as you can. All just means volatility +
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3 | 10445 | 63.150 |
1 | 130 | 63.110 |
1 | 1413 | 63.100 |
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Price($) | Vol. | No. |
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63.400 | 340 | 1 |
63.490 | 50 | 1 |
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