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Play Ball! Stock Market Swings For the Fences in Season Opener


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For anyone betting against Primary dealers, between Treasury prices collapsing and now counterparty risk increasing, this must be the point in the Big Short movie where the CDS prices were dropping when many loan companies were taking on water. If the blow off comes now, it will only be because institutions are trying to get as short as possible or at least unload their crap.

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47 minutes ago, potatohead said:

For anyone betting against Primary dealers, between Treasury prices collapsing and now counterparty risk increasing, this must be the point in the Big Short movie where the CDS prices were dropping when many loan companies were taking on water. If the blow off comes now, it will only be because institutions are trying to get as short as possible or at least unload their crap.

I can't bet against them because they are nothing more than fronts for the Fed. They're Fed franchisees.  They have no money of their own, just the play money the Fed hands them.  

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