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LOL :D

LoL - well said. :D

it will take only little time before people start ignoring him....it is already happening. He is a history and he will make it there as somebody who was instrumental in preparing good environment for bubbles....

hurricanes will sort it out.

yep - quite usual here. 1m pounds gets you up the ladder in style though.

wow - you still have some cheap housing. Many Americans do not have a clue what expensive housing is and what "affordable" really means.... Inflation will eat 800k very fast in any case :D P.S. I am from London

there are many other issues. A. according to fed any cuts/hikes take some time to be felt in real economy (6mos+). Personally I think that's bullshit - that might have been true 15 years ago but not today when markets and information flow is much more efficient. But if it is true then it will...

I second on that.

how cutting fed funds help housing market?

if you went to an IVY league college they would learn you how to read - so you would be better off. :D Check Rosenberg's record with respect to forecasting - he is dumb.

and we still did not see CPI.... buy tight jeans - 70s are back - just watch how everybody jumps on stagflation bandwagon :cool:

clearly you should be more careful!

i am not sure it is really worthwhile to answer the OP. $28 a barrel is a total nonsense. Finding costs and development costs are not running as low as they were 10 years ago. Today some oil is being acquired (not pumped off the ground) at $28+, e.g. APC. Add to this energy to get the oil up...

you have my respect! (despite having it a bit easier in ES especially later in the day) ;)

Looks like a strong close - or is it just because people are getting rid of treasuries? We will know tomorrow...

and here we go...probably not going as far as red numbers but still - nice profit on my shorts

still enough time for market to sell it all today....likely every day :cool:

I think the visual part is even better - I just love it...

especially for those who took some losses in the past 2 weeks http://www.youtube.com/watch?v=DCqvYaxJv24#

LoL - you almost got me. I though that they shifted time or something. 100 in red today would actually be quite bullish - strange as it sounds....