ES -- DX/CL -- isee -- cboe put/call -- specialist/public short ratio -- trinq -- trin -- aaii bull ratio -- abx -- cmbx -- cdx -- vxo p&f -- SPX volatility curve -- VIX:VXO skew -- commodity screen -- cot -- conference board

Thursday, January 24, 2008

 

monoline bailouts?


there are a lot of technical reasons for a bounce here, but one reason to hope that it might be durable emerged (via dash of insight) in the possibility of a bailout for the monolines.

the greatest possible disaster that could emerge from this bear market would be a downward spiral of counterparty defaults in the credit default swap market. this would head off the most imminent threat in that direction.

Labels: , ,



This page is powered by Blogger. Isn't yours?