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    American middle class faces impossible savings task

    "Like it or not the US is an imperialist country. How many years after WWII do we still have toops on Germany and Japan?" This is one of the stupidest, idiotic things ive read in a long time and showcases just how far off the conspiracy loony tunes cliff many americans have fallen off of...
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    Tightening Lending Standards To Slash Subprime Mortgages by 50%; Alt-A by 25%

    Without zero down, interest only loans with teaser rates, san diego is toast. The median home in my area is like 800K, and couples with combined incomes of 100K gobbled them up in the last few years. At 5% down, thats 40 grand. Know how many people around here have that much for a down...
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    Mortgage hearing on C-Span3 now.

    Yeah right, thats why 1 out of every 10 homes for sale in San Diego are bank owned :eek:
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    Don't waste your money

    Using other peoples auto systems is a death wish. The only auto systems that work are closely guarded by their owners and not shared.
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    U.S. Healthcare in Crisis.

    What? Go to ehealthinsurance.com and find me any plan thay runs anywhere near $40K/year. If my insurance is shelling out 45K a year for me and collecting less than 4K a year from me, then yeah there is a problem. Im robbing them blind :D Wooo hoo! I thought all these insurance companies...
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    U.S. Healthcare in Crisis.

    Could have fooled me. My healthcare is great, affordable, the doctors are awesome and I get care very very quickly. I broke my arm mountain biking last year. Went to urgent care, saw a doc in just 10 minutes. Got xrays 10 mins later, no waiting. Saw and orthpedist specialist the very...
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    Fla RE- will volume return

    I have no idea how people can handle the humidity. Ill take a cooler drier san diego over hot muggy FL any day
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    Fla RE- will volume return

    Cherry picking doesnt help. I doubt you'll find anyone who thinks florida will be less developed in 20 years. Again, stating the obvious. Then theres that global warming problem. If it accelerates, maybe florida will be half under water by then :D
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    Fla RE- will volume return

    Wow, what a creative way to say absolutely nothing of value. Hey I know, in 20 years the stock market will be higher than it is today! Shocking! In 20 years, the dollar will be worth less, shocking! In 20 years there will still be people stating the obvious on the internet :D We...
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    Retail Saturation

    There is a 3 mile stretch of road in san diego that has 7 starbucks on it go figure
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    suggestions on my ATS plz?

    3 months of data is not enough to determine anything. Get at least 5 years and backtest that before using real money
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    c++ or java for trading app development

    Ill take that one step further. If you have to ask on a public forum, C++ is far too complex/difficult a language for you to be writing systems that could lose all your money automagically
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    Housing market sucks, inventory at record high, lending being tightened...

    Even the NAZ took 3 years to fall to its lows and that is an instrument people can dump instantly. Pointing out the housing hasnt fallen much so far, so early after the peak is just plain silly. Lets see where home prices will be 6 years from now. Real estate grinds down at a much slower...
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    Predicting is ***Unavoidable***

    You are predicting that turning on the wipers will clear you windshield so you can see. You ACT because you are PREDICTING it will benefit you somehow. This doesnt seem like predicting because we pretty much know the windshield wipers will clear the window every time. But even this case...
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    Predicting is ***Unavoidable***

    If we know that after event A, only B,C,D can occur, and we see C occur, and this causes us to close a trade, or open a new trade, or whatever, this begs the question WHY? Because you predicting based on past patterns and you know its to your benefit. Still semantics, still prediction...
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    Every other headline calling for more trouble in housing...

    Bank owned properties went up 56% here in 2 months. Prices still trending down. No panic in sight yet. This will grind down for years I think unless something really changes. All these headlines could cause a panic though and then we might see a downward spike.
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    Every other headline calling for more trouble in housing...

    On 1/12/07 I posted some foreclosure data for san diego. Here it is Pre-foreclosures: 1714 Auction: 334 Bank owned: 1153 Now look at today: Pre-foreclosures: 2097 Auction: 547 Bank owned: 1796 The numbers get worse every single month! Bottom? HA! The trend is getting...
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    Every other headline calling for more trouble in housing...

    No way. The news is way off and way early. We are not even close to reverting to a normal housing market yet. This will take years.
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    What is the correct answer for a trader?

    If you count that as a loss simply because it was higher at one point, then ive never had a winning day in my life
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    Well written take on housing part 2

    Depends on the area. 85% of the plankton used exotic loans in san diego, and the population has gone down every year for several years now as people move away due to the insane cost of living here.
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