No Body knows what is happening NoW

Greeting all and one month later I have the time and the focus to put a note in the Internet.

Did you see the market today, all sellers and no buyers I wonder why! 260 points down!

If you are attempting to buy REO Tranches and for the past year fell on hundreds of intermediary consultants that provide tapes and NCND/MFA's but never got anything well that may be about to change.

{There is a disturbance in the Force Luke} and mean a massive one. After years of the Government's gorging on the bad assets of the banks a vomiting event may come about.

By my limited and very narrow view of the business the Federal Government has a hunchback called the QuasiFED doing it's massive consumption and today QuasiFED is about to either burst or Vomit.

You see when you tell the public that you will buy as they did at the QuasiFED a total of ONE Trillion Dollars worth of triple A assets (wink,wink,nod,nod) from the corporate banking titans and it turns out that there is pitiful cashflow return and the assets are worst than penny stock.

You Vomit them up and sell the evil smelling brew to the vulture class.

And is the Vulture class ready, Yeah Baby they are but they have no idea (save a few) how deep and dark the belly of the QuasiFed is and this is question.

Can the Vultures of the financial world now play round robin roll up (banker style) with assets they buy for pennies and work up to 95% of the current bpo.

Time will tell.

Did you know that there are coming about 4.2 million more foreclosures over the next 18 months!

What will that do to your houses value?

Good night!