Getting into CDOs

rowdyroddypiper · Post by **rowdyroddypiper** » Fri Jun 29, 2007 5:51 pm

[i]the good news is that I'm paying $.30 on the dollar for bonds now.....[/i]

If I told you where I'm buying you'd shit.

Skillionaire · Post by **Skillionaire** » Fri Jun 29, 2007 6:26 pm

Baghead, I'm sorry but I can't give any color until they become public. My apologies....

RRP, now you're making me jealous!!

IAmEric · Post by **IAmEric** » Mon Jul 02, 2007 6:59 am

Three implosions? Regardless of whether it comes about, my hat's off to Skillionaire for making such a bold statement Beer

Let's see if you're right. Personally, I wouldn't be the least bit surprised, but you could tell that from my new icon Smiley

doobs · Post by **doobs** » Mon Jul 02, 2007 7:05 am

Any idea who is the smartest short in Mkt now days? You guys are making me want to get back into the shit show. Has Nomura's mortg hf exploded yet?

baghead · Post by **baghead** » Mon Jul 02, 2007 7:18 pm

Skillionaire, what's up now? we are waiting......

baghead · Post by **baghead** » Tue Jul 03, 2007 4:35 pm

ok, ok, news out on BBG today that United Capital halts Hedge Funds withdrawals on "unusual high redemption requests".

Bachelier · Post by **Bachelier** » Tue Jul 03, 2007 5:18 pm

New thread title "Getting out of CDOs"

IAmEric · Post by **IAmEric** » Tue Jul 03, 2007 5:23 pm

Bachelier, I don't know about you, but I nominate AndyM's comment to the NP hall of fame:

[quote]

Getting into CDOs: 100.00

Getting out of CDOs: priceless

[/quote]

Applause

doobs · Post by **doobs** » Tue Jul 03, 2007 5:37 pm

It seems like it was yesterday that JD from UC was saying that he had all these quant models that helped him pickout the right structures...!

rowdyroddypiper · Post by **rowdyroddypiper** » Tue Jul 03, 2007 7:20 pm

Wait, a second, so now that things are pricing more apropriately (or at least wider) without a huge change in expected performance, now is the time to get out? Buy high sell low indeed.