Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
RSS available
|
|
|
|
|
Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2011 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available
|
||
| MarketTicker Forums Single Post Display (Show in context) |
User: Not logged on
|
| Top | Login | Control Panel | FAQ | Register | Logout |
| User Info | Koolaid iditots; entered at 2007-12-02 00:40:41 | |||
|
Bw8472 Posts: 6446 Registered: 2007-06-28 
|
They aren't worth **** until you know when houses stop dropping in value. 20 more percent? What would that do to their value? You nor I nor anyone else can value them in any way because we have no models that work in a declining market, so the fallback is to mark them to WHAT PEOPLE WILL PAY. How can anyone be in any financial career and not have a basic shred of an idea of how any financial asset is priced, it does not matter what you hope, think, number crunch, it matters what someone will pay you for it period. 2007-12-02 00:40:41
| |||