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Exactly. The fed has stated over and over again that they are worried about inflation, they did not bail housing out and they won't bail the market out. Besides a weak dollar gives us the edge in exports, China won't have anyone to unload their products on if they dump our currency.

I've been trading stocks in the oil patch, but I'm interested in perhaps trying the cl futures. I'm in the dark as to the process and would like to ask a few probably dumb questions of you guys, Which brokers do you guys use, what are the commisions? What type of charting information do you...

Not much volume, even last week.

Why buy now? What is Vista going to do for me that XP won't that I am going to actually use? Having bells and whistles that I won't even make use of only serves to take up more memory and processing power needlessly.

While you are at it, see if you can find the rule about what the post count must be before we can start flaming first time posters, so we can be cool too.

Maybe there's a rule about what first time posters are allowed to post?, don't worry I missed that rule too:D

I'm sorry, but there is not a woman alive that is worth that trade. However if you win get in touch with me, I'll get you a night with a woman much hotter than those two in exchange for the lame annuity.:D

Well that's a no - brainer, anyone that thinks they can sell today for the appraised value 6 months or more ago is kidding themselves. I don't think anyone has posted that values have not dropped (although I have not read every post in this thread). I was only disagreeing with the statement that...

Not sure what you mean by poisoning the well. I did not imply that it is automatically false because it's in USA Today, only that it it's not automatically correct, there is a difference. I stated what I thought was wrong with the article in the rest of my post, and ended with ymmv. You have...

Two things here; just because USA today pans their opinion does not make it so, and subprime loans with arm's are not the majority of mortgages by a long shot, imo. Still plenty of fixed rate below 6% prime mortgages out there with healthy equity. I think a majority of those subprimes were...

I think you are misconstruing my response as a defense, I don't like it any more than you do, but I don't have much choice except not to trade when those prints are excessive, like they were last Tuesday and Wednesday.

Based on your definition I think you are just saying that you don't follow knee-jerk reactions to news, which sometimes reverse because people tend to react before getting the full story.

Definitely not over the last 5 or 6 years, I bought my condo 3 years ago and it's still worth 50% more than I paid, which is down from the 90% increase it had seen this time last year. So a 20% drop is somewhat misleading when put in perspective. I'd say people that bought in the last year...

Ok, I guess we just have different definitions of short term.

I thought you didn't trade the news in the short term?

Much higher than that for waterfront or near waterfront properties in counties such as pinellas, dade, monroe, etc.

Out of sequence orders, no way to know when those orders were placed, we just have to 'trust' that they were placed earlier when the quote was at that level.

Bloomberg while not perfect, is much better than CNBC.

Damn, I forgot about the Anna Nicole factor, now I'll have to go back and refigure all of my support/resistance levels.

The oil patch; xom, cvx, cop, mro, slb, hess, hal, dvn.