Comments on: About That Disappearing And Reappearing Sidebar… http://housingdoom.com/2008/06/26/sidbar-status/ Thu, 24 May 2012 01:57:19 +0000 hourly 1 http://wordpress.org/?v= By: surak http://housingdoom.com/2008/06/26/sidbar-status/#comment-12711 surak Fri, 27 Jun 2008 05:06:55 +0000 http://housingdoom.com/2008/06/26/sidbar-status/#comment-12711 Twist Big drop. The Dow should be around 9000. It will drop a lot more before it is all over. Twist

Big drop. The Dow should be around 9000. It will drop a lot more before it is all over.

]]> By: twist http://housingdoom.com/2008/06/26/sidbar-status/#comment-12710 twist Thu, 26 Jun 2008 17:55:29 +0000 http://housingdoom.com/2008/06/26/sidbar-status/#comment-12710 <p>John-</p> <p>Apparently the markets are realizing that in spite of all of the pablum out there, the write-downs aren't going away.  I about choked when I read <a target="_blank" href="http://www.bloomberg.com/apps/news?pid=20601087&sid=ao34sLE4H4C0&refer=home" rel="nofollow">this quote from  Bruce McCain, the head of investment strategy at Key Private Bank this morning:</a></p> <blockquote dir="ltr" style="margin-right: 0px"> <p><em>The writeoffs have been far worse than anyone would have imagined.</em></p> </blockquote> <p>McCain must not know "anyone".</p> John-

Apparently the markets are realizing that in spite of all of the pablum out there, the write-downs aren’t going away.  I about choked when I read this quote from  Bruce McCain, the head of investment strategy at Key Private Bank this morning:

The writeoffs have been far worse than anyone would have imagined.

McCain must not know "anyone".

]]> By: John M. http://housingdoom.com/2008/06/26/sidbar-status/#comment-12709 John M. Thu, 26 Jun 2008 15:07:16 +0000 http://housingdoom.com/2008/06/26/sidbar-status/#comment-12709 twist - Maybe it's just a Doom stress reduction service ;) Wow, are financials getting creamed this morning. twist -

Maybe it’s just a Doom stress reduction service ;)

Wow, are financials getting creamed this morning.

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