All posts tagged "arm resets"

  • 60 Minutes Piece: 2nd Wave of Mortgage Meltdown on the Way

    Whitney Tilson was on 60 minutes last night talking about the coming wave of Alt-A and Option ARM resets heading our way. While the peak in sub-prime ($1 trillion) has already passed, another bigger wave totaling $1.6...

    • Posted December 15, 2008
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  • Trading Diary – Past and Present

    Over the past few years I have maintained a trading diary that I have updated sporadically. Below are ramblings from these missives: 9/2/07 Dow 13,357 S&P 1,473 NASDAQ 2,596 The Dow closed at 14k on the nose...

    • Posted September 2, 2007
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  • Trading Diary & Personal Observations

    The market is set to plunge again since there is absolutely no possible way the mortgage mess will be contained anytime soon. This is going to be at minimum, a three year process of alternating mania and...

    • Posted August 28, 2007
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