Use the cash in your account to buy U.S. treasuries and still get roughly 90% buying power (granted the yields right now are awful, but it's great when the yields are higher).
They are in "freefall" because prices went way too far beyond anything remotely rational and builders kept piling on new condo projects.
Unless the entire state of Missouri decides to move to Florida, there is still price mean reversion that needs to take place and tremendous amounts of...
I agree with you.
Large sections of California, Florida, Nevada, and Arizona are in freefall.
The NorthEast is finally starting to pick up steam on the downside. Wall St and the financial sector layoffs are adding fuel to the fire.
The paltry drop in mortgage rates despite many rate...
Five easy steps......
1) Build a time machine
2) Take time machine back to 1998
3) Ride the bubble and make obscene money from 1998-2000
4) Don't be stupid and give back all your profits during the market meltdown and "dead" years (2001-mid 2003)
5) With a nice cushion of profits...
Not a day goes by that there isn't a bad IB thread on ET.
Why do you people continue to use them?
Go with Assent, Bright, or one of the other large "prop" houses. They take retail accounts too.