[Armageddon]

http://www.mcalvany.com/TheDerivativesMarket.asp

The crash has started.

[Baldwin]

That article doesn't tell me much I don't know, except provide a few hard numbers for things.

However, why now? The article didn't suggest any immediate problems. Bear Sterns did fall on its ass though.

Do you have reason to believe that we will see a meltdown in the coming days like tomorrow, or somewhere vaguely on the near horizon, like in the next few months?

[Geko45]

$this->bbcode_second_pass_quote('Baldwin', 'D')o you have reason to believe that we will see a meltdown in the coming days like tomorrow, or somewhere vaguely on the near horizon, like in the next few months?

[azreal60]

wow, it's not going to be a very merry christmas this year in america is it?

[Roccland]

You know what is really wicked about that graph...it does not show the revolving resets of the ARMs that have ALREADY reset.

ARM means adjustible FORVEVER!!!!!!

we are doooooooooooooooomed!!!!!!!

[Grautr]

Isnt October a common start off for recessions?

[strider3700]

$this->bbcode_second_pass_quote('Grautr', 'I')snt October a common start off for recessions?