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powayseller
17 years ago

Wow – very interesting. Is
Wow – very interesting. Is that red line broken, meaning that the trades were a little illiquid and jumped down rather fast?

Also wondering when we’ll hear about the next subprime mortgage blow-up, and when the first bank bail-out will take place.

Anonymous
Anonymous
17 years ago

Some stories and comments on
Some stories and comments on Sebring and Ownit sent in by our readers appear in this Dec 11th HousingDoom post. JMF added a couple more links in the comments. I’ll second that “wow” comment. That’s a pretty impressive graph, and it looks like these weird ABX indices need watching.

Diego Mamani
17 years ago

Thank you for posting this
Thank you for posting this graph Rich! Very informative.

However, a 4.5% drop is not really “disorderly”. The Markit folks can trick people viewing their graph by not having the vertical axis start at zero. That way, they visually exaggerate the drop.

sdduuuude
17 years ago
Reply to  Diego Mamani

4.5% in a year is not
4.5% in a year is not disorderly.
2% in a day is.

Diego Mamani
17 years ago
Reply to  sdduuuude

Duuude, I would tend to
Duuude, I would tend to agree with your statement. However, keep in mind that few stock market players commit suicide when the DJIA fluctuates by more than 2% in a single day.

sdduuuude
17 years ago
Reply to  Diego Mamani

Am I to assume from your
Am I to assume from your post that your definition of “orderly” is “nobody willingly killed themselves” ?