The pummelling of the subprime debtors won’t happen until Sept., Oct., and Nov. this year. That’s based on the Credit Suisse ARM Reset Schedule that most here gawked at weeks ago. IMHO the biggest yearly price drops haven’t happened yet. Okay, okay…. wait till next year, then. (But this is just me talking.) You may ignore or listen to me at your own risk as if I am not even here.
