You have more courage than me. With the subprime lenders being so volatile and the obsessive media and now congressional attention on the subprime issue it seems like putting new money on the table is like playing roulett. If I were you I would take the quick profits and put the money in something were the odds of long-term ppayoff is better.
I don't really care what Lereah's opinion is, I just focus on the numbers.
Many in the subprime industry are taking the position that the market forces will work this issue out, and that interference will make matters worse. I agree. If there is calm, this will be a non-issue next month.
__________________
"Democracy is two wolves and a sheep voting on lunch."
"It is useless for the sheep to pass resolutions on vegetarianism while the wolf is of a different opinion."
"If you live among wolves you have to act like one."
"A lady screams at the mouse but smiles at the wolf. A gentleman is a wolf who sends flowers."
|