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The ``recent surge'' in delinquencies has been ``closely linked'' to the slide of home equity.
House prices have dropped below their mortgages value.The bears must exercise some humanitarian concern.Avoid foreclosure but just writedown of principal on a mortgage so that homeowners can still have a roof under their heads.
Tuesday trading day was another crushing scenerio but after the trading halt managed to see many morning doji stars vigorously manouvered by the bulls.The follow through trading day will be a happy and soothing one.
Interesting Article:"BEARS FINAL ACT"( http://www.businessweek.com/investor/content/feb2008/pi20080225_487335.htm?campaign_id=yhoo)