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Risk reward on shorting market here is great? What is risk reward here?

Bush hasn't.

fed will cut 0.50

I think he (Elliot) was screwing both by using taxpayers money.

four

no problem in So. Cal

Sounds like time to buy.

value of dollar keeps on dropping and value of property keeps on dropping. Sounds like great investment.

Why would you need CANDLE closes? Candles or bars are used to see range during set time frame, closes are same as on a line chart. Do not make it overly complicated from the beginning.

http://www.minyanville.com/articles/dollar-Fed-mortgage-banks/index/a/16251

fed will cut .50 which is already priced it. and that will disappoint some participants.

Give it at least 6-9 months to see any effect of Fed rate cut or capital infusion. When you are in pain and takes a medicine do you feel an instant relief? Fed is trying to stimulate the economy, all they can do is give more money. They do not regulate the industry it is up to politicians...

I am good now

You are wrong on your assumption. Trader needs to find strategy and trading instrument that fits trader's personality.

same here in Los Angeles

I think market will bottom sooner without any further fed cuts.

I've been with IB for 5+ years. Stay away from them. And I'd like to thank all senior citizens of ET.

This is how market shows that fed is useless at this time. Further cuts will not help at all.

country wide and indymac have links on their front page. http://www.countrywide.com/purchase/f_reo.asp http://apps.indymacbank.com/individuals/realestate/search.asp http://www.citimortgage.com/Mortgage/Oreo/SearchListing.do

on 1-22-08 S&P closed at 1310 not sure about ES