So, I guess you naysayers would rather have homeowners default; have the banks foreclose and take ownership, and de-value your neighborhoods by selling these properties at a loss. Me? If the note holders want to re-negotiate the terms, why should I bitch about that? It's not costing me...
That's exactly what I thought. They are able to prop up their unrealistic level 3 valuations by creating a closed market for their own toxic waste. "It's worth what we say it is, damn it."
Exactly. Name a consumer electronics device made in the U.S. from U.S. components. Show me an article of clothing made in the U.S. I'm really not in the market for a Caterpillar bulldozer or a Boeing 787, so I'm going to be paying for more for all the imported goods I buy. Bernanke should be...
Joe Six Pack doesn't cash his paycheck and run out and buy gold ingots, but he does buy fuel. The more he pays for fuel, the less he can spend at Wal-Mart.
First of all you don't say whether the stops are placed above or below the market. Secondly, assuming they are not hit before the announcement, those orders are way too close to the market to get filled. The market is likely to blow right past those orders and they won't have a chance to get...
I have 4 working Dell 1900FP monitors with silver bezels, with new power supplies. There is some slight ghosting on a white background, but are perfect for trading if using a black charting background. There are no stands. They are collecting dust, and I want them gone.
I can click some pics...
I think a lot of these lenders or debt-holders are going to do what CFC did, re-structure the ARMs on people who were in good standing up until the ARM re-set. They really don't want to take possession of all these homes.
Well, accumulation is buying, so if the accumulation is going to be ending soon, then how is the index going to rise? On the other hand, distribution is selling. So, if the selling subsides, then I can understand how the index may rise as a result.