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    housing / finance in worse shape than I thought

    ah dude i missed that too lol now i went to look at it hahaha "C'elle's exclusive and revolutionary service provides women with the unique opportunity to collect and preserve vital stem cells that can be harvested from the body's menstrual fluid during the menstrual cycle. Until now...
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    housing / finance in worse shape than I thought

    hah no i didnt see it till u pointed it out the guy who does the funny vid can actually sing too
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    housing / finance in worse shape than I thought

    don't get me wrong, im actually a housing bull long term, because I think inflation is going to make everything more expensive including housing BUT this graph i stumbled upon is troubling looks like real estate and the financials are going to be hurting till 2012, much longer than I...
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    Price action: confirming recession in 2008?

    I dunno if any of you have seen this chart, but i just stumbled upon it things don't look good for housing nor financials nor the economy until 2012 if this info is accurate http://calculatedrisk.blogspot.com/2007/10/imf-mortgage-reset-chart.html
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    Which financials emerge as leaders when the dust settles

    yeah I agree this aint the bottom I friend of mine (successful investor) 6 months ago put in some orders for citigroup GTC at $5, when it was trading at like $50 I was laughing at him now im not so sure, maybe he will get his fill within 24 months
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    CDO's and Total Write Offs

    so you saying, a person in california can have $10 million cash in the bank, and just decide they dont feel like paying their mortgage anymore, drive over to the bank, throw the keys at the bank manager, go buy some condo in miami cash and live there, and the only repercussion is going to be...
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    CDO's and Total Write Offs

    I bought in April, right as the first wave of panic ripled through the system here
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    CDO's and Total Write Offs

    i know im florida its the reverse you can bankrupt yourself, but they can't touch your house haha, the irony! lol
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    Price action: confirming recession in 2008?

    hahahahhahaa shit thats a funny post i thought i was going to read like bread, milk, etc.... as necessities of life
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    CDO's and Total Write Offs

    My credit score is over 800, so I'm pretty sure i didnt get bundled with subprime...., but my loan does say ALT-A on it This is the first house i ever bought, and they took my word at what i earned, I didnt show them any tax returns or anything. Seems kinda risky, basing an entire loan for...
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    CDO's and Total Write Offs

    I actually know nothing about foreclosures so I don't even know how to answer that, I assume if you have assets and you just foreclose because you just don't want to pay, the bank can come after you anyways? 2nd problem is I put lot of cash into the house after I bought it, so if i walked...
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    CDO's and Total Write Offs

    hmmmmm, i wonder exactly how they managed this I have a no-doc 5% down, stated income, 30 yr fixed loan at 1.3 million dollars at 6.2% from wells fargo, and I didn't even apply with them, I applied at deutsche bank affiliated mortgage reseller and wells fargo was the final holder of my piece...
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    Which financials emerge as leaders when the dust settles

    OK, so stuff is getting POUNDED and the pounding looks set to continue, because as more people default, the banks will have more problems to report.... so, back to the initial question, WHEN the dust setttles, who is left standing and who stands to gain the most? Citi? BSC? wells...
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    Bond yields tumbled as inflation hits 14 month high??

    I actually started a thread on the exact same issue others are sayings its a flight to quality thing my book is im short 30 yr T-notes
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    Why to short the Canadian Dollar

    well I certainly talked my book in this thread this could be my dream trade for the next 3 years if USDCAD ranges between .82 and 1.00 im going to be rich RICH I tell you
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    why are T-notes so strong?

    yeah thats what i figured any guesses where the top is on the 30 year notes? 121? here?
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    why are T-notes so strong?

    kind of odd, specifically the 30 year note its at 115 now, and heading up.... im thinking of shorting it long time frame, but not sure if its a great idea. You would think that with inflation picking up, and the weakened dollar, that notes and bonds may not be the best place to park...
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    Why to short the Canadian Dollar

    thread gone very quiet since USDCAD rallied 8% now
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    thank god for the Pattern Daytrade Rule

    this is a great post It has so many fallacies and illogical thoughts crammed into one paragraph, I don't think I could duplicate even if I tried.... BTW its bar mitzvah money unless you are timmy, because I have seen many people on elitetrader refer to timmys money as bat mitzvah money
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    Network Switch/Optimal Home Network

    honestly, the best way to spend your money would be as follows 1) put the cisco stuff on ebay 2) buy 2 of these http://www.newegg.com/Product/Product.aspx?Item=N82E16833162134 get a cheapo DSL in addition to your internet cable modem buy a wireless card for your PC 1 DSL to one...
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