abs, page-4

Hey Jenny....only been trading and and not holding right now. Am worried about the 50% fall in a week...but today is the first day I am looking at the market depth on the buy side thinking we may have found a bottom.

Its sad to see the drop recently as most of us think they have a sound business. Also...would Morgan Stanley have bought in if they didn't think the business was good?

Or like some have suggested....did they buy in to short the hell out of ABS?

Who knows...but I like the market depth on the buy side...lot more stable and some good foundations there.

If it holds a good run...I'll check it out.