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Wrong! See my earlier post. Further, if as you say title will remain with the new owner, then whom exactly is the "banks insurance" supposed to pay, and why? Also, what insurance would that be? Title insurance? If so, then only the new buyer would be entitled to make a claim. But, if as...

They claim they were told they were $10k behind. Really? On an $880k mortgage that would be less than 3 months behind. I'll bet they were more like 6 months behind. Which would make the $25k figure more or less correct. These people are deadbeats. They serially file bankruptcy. First, one...

I can only comment on Florida law. In Florida, a defendant has up a year to seek to set aside a final judgment based upon either newly discovered evidence, fraud, misrepresentation, or other misconduct. So, yes it is certainly possible for the former homeowner to convince the court that...

Well, since the title of the thread is house traders, as a house trader, let me tell you that I'm not paying retail prices for property. If there is not at least $30k in net profit, or I'm not doubling my money on lower end property, I'm not buying it.

uploaditdontdateit

Abolish inheritance, eh? So, the govt. gets all of my wealth when I die? And what are they going to do with it? Give it to undeserving assholes? I'd rather pick my own undeserving assholes, thank you every much. Signed, Undeserving asshole

Yep, and having now gotten there, I'm afraid there is no going back.

Actually, no it was not an excellent job of describing the bill. More fear-mongering than anything else. The headline screams "Mandatory Retirement Accounts..." There is nothing mandatory about it, with the exception that employees are automatically enrolled unless and until they opt out...

Just ran across this Crash of 1929 PBS Special. Interesting to see the perspective of people, and the idea of money for nothing. Me thinkst not much has changed. http://video.pbs.org/video/1308436568/

I believe the conventional wisdom is that the futures lead the cash. Honestly, its not something I have dwelled upon.

Neither. FYI, SPX is only updated every 15 sec, that can be an eternity. Just monitor the instrument you are trading.

I have a Tempur-pedic mattress, and I love it. Have owned it for several years. I also love their contured pillow. You can find reviews of different style and manufacturers of mattresses here: http://sleeplikethedead.com/bed-mattress-review-home.html

Yeah, and he was probably 20x or more likely to die in a car accident that drown in a hot tub, but yet and still....

Not the only one who thinks so. At least as to the level, if not the time frame. http://www.zerohedge.com/article/albert-edwards-we-are-returning-450-sp

To tell you how ridiculous this has gotten, the BOD initially agreed to accept $18/sh. Tells you where they valued the company.

Riskarbicus you wouldn't be talking your book now would ya?

As I perused your post I pondered "why haven't you put this guy on ignore long before now?" "Is there something profound you are likely to miss?" Ehhhh, no, I highly doubt it. Nike slogan then comes into mind. Yes, yes I will.

In the trading context, that is not necessarily true. Sometimes chasing works, and sometimes it doesn't. The trick is to recognize that you are chasing, and to limit your risk accordingly.

It might be better to keep the Wizard of OZ behind the curtain on this one. Anything less than "its all there", and there is going to be real havoc in the marketplace.

No, that is not normal. I have traded the ES for over 5 years with nothing but limit orders. If I have a resting limit order @1050, I am in the cue @1050. Price does not have to completely run through 1050 in order for me to get filled. Now, it may be that a large order comes in and takes me...