<$BlogRSDUrl$>

Friday, February 08, 2008

The proliferation of Implode-O-Meters 

Followers of the mortgage fiasco have by now become well acquainted with the information clearing house known as the Mortgage Lender Implode-O-Meter, which tracks industry news and keeps a running score of the lenders that have ceased operation since December 2006 (226, by today's count).

When things started getting hairy last July, a sister site popped up: The Hedge Fund Implode-O-Meter. The count there is 23.

Recently, perhaps in anticipation of an accelerating financial crisis, two additional sister sites have popped up: The Home Builder Implode-O-Meter, where the counts stands at 14, and The Bank Implode-O-Meter, where there is no count yet, but a lot of scary news.

These are all well designed, interesting sites, with news and discussion boards of a fairly negative bent.

My question is, have we reached a bubble in Implode-O-Meters? At what point will Implode-O-Meter proliferation constitute a contrary (in this case bullish) indicator?

2 Comments:

By Blogger Georg Felis, at Fri Feb 08, 01:44:00 PM:

We should start an Implode-O-Meter to indicate the loss of Implode-O-Meter sites.  

By Blogger antithaca, at Fri Feb 08, 01:58:00 PM:

And a meta-implode-O-meter website to average the implode-O-meter numbers across disciplines, etc, etc..wah wah, wah wah..  

Post a Comment


This page is powered by Blogger. Isn't yours?