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    US mortgage crisis goes into meltdown

    What did housing do in Silicon Valley after the dot.com bust? That would be a recent example of what might happen..... Anybody here get a great deal on a house???? Also, I think the risk averse aspect of the 80's for the oil companies has been partially responsible for the high...
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    US mortgage crisis goes into meltdown

    Here is the problem: When Houston was in the dumps; a real depression.....foreclosures everywhere.....then the lenders started going under.....not one Texas bank survived intact That alone is an amazing fact.....Texas had no branch banking...all folded like a house of cards... But, NO...
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    US mortgage crisis goes into meltdown

    Oh gosh, you don't offend me......I have been a commercial real estate broker/developer/speculator since early 70s in Houston I have seen and lived through a couple of major bust.... Caused by increasing interest rates and increasing unemployment..... But I am in commercial which is...
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    US mortgage crisis goes into meltdown

    I find it very telling that every day on CNBC we have one or more people speak of wanting, waiting and needing a 5-7% pull-back, dip, correction, pause etc etc in order for the "market" to remain healthy....good to have that pause that refreshes, LOL.. BUT, let Tucson housing pullback 5-7%...
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    US mortgage crisis goes into meltdown

    REAL ESTATE is driven by two major factors: EMPLOYMENT AND INTEREST RATES We have both in the US overall.... Anyone that tries to compare housing to other "investments" simply does not understand the financial world. Housing is not meant to be an "investment"....it is shelter...
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    Extremely Important Question-Hedge Fund

    If one has to ask that question on ET message board one is definitely not ready to launch a hedge fund of any type... SteveD
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    What kind of mistakes to pros make?

    But look at the big blow ups in the big guys: Too much capital on one trade: Ego with Natural Gas Hiding losses from boss: Discipline Buying more as decreases: Bad money management Julian Robertson (Tiger Fund) went into "tech" right at the top of that market..... They make...
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    5% of traders that make money

    If you were even caught with any type of equipment that would circumvent the servers on a Wall Street firm your next stop is Federal Pen.... My guess is a very loud alarm would go off if that was even attempted.... EVERY phone call, email, fax, letter and any other form of communication is...
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    Pay Your Taxes or else

    If the IRS determines that you owe taxes they will ask you to go get the money......regardless of where you "hid" it, in a "safe" tax haven.....they have seen every scheme you can ever think up... They will hold your testicles as a deposit until you return... There are some real "pea"...
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    Fortress IPO?

    Just put the symbol on your screen and watch and wait NYSE should open earlier than NASDAQ stock... It priced at $18.50 which is within the stated range of $16.50-18.50......did not price ABOVE the range....interesting... Because it is such an "odd bird"....may not fit for a lot big...
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    scalping/swing

    This is like watching Abbott and Costello with "Who's on First"? Very funny.... SteveD
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    Does anyone use Fidelity

    I use fidelity for my swing trading...sometimes daytrading also...very fast fills....especially NYSE stocks... They have good small seminars on trading from time to time...look on website for locations....basic and advanced technical issues.... I would think it would be an excellent place...
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    Legg Mason Exec Says Daytraders & Most Money Managers Playing Fool's Game

    I would take it more that he is lamenting the loss of the good old days of "buy and hold". Now a company increases profit and stock price moves instantly to reflect that new number ......mostly B/D trading desks and hedge fund traders..... I don't think there is that much "dumb money" in...
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    Legg Mason Exec Says Daytraders & Most Money Managers Playing Fool's Game

    I do not see any reference to "day traders" in this article....but nice try.....false impression to suit a particular point, I suppose Good luck SteveD
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    Falling knives

    StockzTrader, That list of "shorts" has some very strong stocks, AAPL, ICE, BIDU etc etc....they may have a pull back...but, gosh, don't you think that is a very high risk, low reward trade?? I view the "falling knife" trade as one where the news/catalyst comes out of the...
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    Falling knives

    Something like the MOT and HLF situation is more to my liking....NYSE.....big down draft...CNBC talking....usually, but not always, where specialist opens stock is bottom price....all sellers gone....nothing but buyers.....get in...get out.... SteveD
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    Markets closed again today? WTF?

    Trivia question: Anyone know why all Fed, State government offices are closed but the BANKS have to be open????? SteveD
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    There seems to be very few Big Indepentdent Traders.....

    A lot of "traders/investors" make a lot of money....they are just not "scalpers" as seem so common on ET... Bill O'Neill has a fairly large following of investors who have made a ton of money over the years following some form of "CANSLIM" I think a small trader/investor with...
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    Middle East Meltdown and US Foreign Policy.

    What would happen if the oil rich countries (SA, Kuwait, etc) offered the residents of Isreal money to leave??? Say $2.5 million per adult, $500K per child...move any where in the world...leave by end of 07... How many would accept such an offer??? Remove ALL American troops from any...
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    NMX : Is it worth putting in a market buy order?

    Two questions: How did investment banks "make out like bandits"? Their clients got the stock at $59...they may have kept some but not much as the demand was so strong Most NYSE IPO's with that much demand NEVER come back off of the open price.....Did you see the crowd around the post...
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