Aug

23

1. A "billionaire" was accused of playing by different rules than the rest of us. Like Enron Worldcom and mortgage backed

2. I believe the junk market is bi modal When it's normal liquidity and abnormal or illiquid Last week JNK jumped into illiquid mode

3. The sector most under pressure I.e oil and gas had a price plunge. Like telcom, dot coms and housing

I will leave it to the reader to quantify into useful information.


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