Tuesday, August 07, 2007

Well just call these the ones that got away






I was not short any of the above stocks last week to my great dismay. I have been watching these among many others for the past couple years though. The pure fear that shines through these charts surprised me. It was not slowing earnings or a recession that caused these abrupt declines in the mortgage lenders shares and the mortgage insurers it was fears of a credit crunch and the obvious implications.
Im leaving on vacation to Nebraska for one week, so I will check back in about a week from now.
-Ben


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