Tuesday, June 02, 2009

The Mortgage Mess


Heres another chart of interest

it shows the next mortgage debacle coinciding with the
Kondratief lows at the end of 2011, early 2012

Jay

7 comments:

  1. That chart actually shows 2nd peak of resets in August '10. The first peak was in November '07 a month after DJI ATH. By early 2012, it is behind us.

    Ravi

    ReplyDelete
  2. Ravi
    IN reference to THE STOCK market
    I dont care about mortgages, only how it relates to trading

    Late 2008 - early 2009 BIG SLIDE
    BIG SLIDE next due late 2011
    and 2012 FLAT

    Jay

    ReplyDelete
  3. Anonymous3:41 PM

    jay you wrote you are waiting for a serious drop between 10-17 june............are you often right with time ? I' ve got 5 june. What is your time projection based on ?

    ReplyDelete
  4. stefano3:43 PM

    sorry i didn' post my name in the comment...........I' m stefano

    ReplyDelete
  5. Anonymous4:20 PM

    Great call for today Jay. thanks

    sam

    ReplyDelete
  6. M Stefano
    thanks & welcome

    You must have been reading my mind
    REad the latest UPdate

    Hope you registered as a follower

    YES, I do make Mistakes, and my systems are not perfect, but IMO, and some of my oldest readers, better than most out there, and Ive read many.

    most are written with TOO much explanation- we need to know how smart they are so when their analysis goes wrong, they can still say they had beautiful charts, graphs, and long winded explanations
    After all they are getting paid for something

    It takes then 5 to 6 pages to get to the point- and they they hedge

    Again
    Welcome
    sorry about running away with words.
    Jay

    ReplyDelete
  7. Jay

    just a thought : Monday 8 should actually lift the market as GM and Citi will be replaced by more expensive ticks.

    http://www.mercurynews.com/breakingnews/ci_12495985?nclick_check=1

    ReplyDelete