Could be Mikey...I know he had a personal gripe with mikeau_1 which was unjustified.
Lapdog....everyone is confused. I am confused. The whole money market around the world are confused with whats going on.
One night...the DOW tanks over 400 points. a day later up 200 points. Thats confusion.
There is confusion over whether morgan stanley has bought in to short the hell out of ABS.....very plausible as Mikey stated.
My thinking in these uncertain time remains fluid and can change in a second. To not remain fluid can mean financial suicide.
Do you think we have the whole story on ABS?
I dont. We are the bottom dwellers of the money market. We get info last in the chain.
On ABS....I will remain confused as to their survival and possible recovery.
Its a strong business....but its higly geared. We are in a credit crunch.
Anything can happen.
Some on hotcopper are rpedicting a full blown depression. This also could occur.
Where would ABS be then? Who would pay for child care if they had no money...no job?
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