18. Time only matters if it allows you to find the bottom
and start to rebound.
Suppose the bottom is months or years away?
Someone had a chart of ARM resets expected and posted it here... as I recall it doesn't max for another 6 months to a year and continues for another year beyond that (massive resets).
If the bulk of your exposure to risk is sub-prime AND NOW PRIME mortgages (because even those credit worthy types are losing their jobs too)... then you need to buy yourself about 2 to 3 years to ride this sucker out.
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