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imo this is no different than what went on at Enron. Probably it is being downplayed because it directly involves housing market and they are trying to save that market whatever it takes...

Amazing!! just amazing... this is actually a very big deal imo but surprised media isn't making a big deal yet.. All those criminals involved should be exposed and prosecuted imo...

Volk, now that you have decided to become a trader, don't take the above quote lightly! read it...re-read it and then read it again to balance out the rest... Having a little better realistic idea along the way provides you with a sort of a safety net if you will!... You will appreciate...

None of the above! Price action... Seems like most traders travel the same familiar path and only after the long journey they realize what is important and what is not....

Been with IB for many many years without any problems... probably the most advanced and most sophisticated trading software in existence imo! light years ahead of all the rest....

Ditto!!

Article: Treasuries May Fall as $100 Billion of Debt Overwhelms Buyers http://www.bloomberg.com/apps/news?pid=10000087&sid=azrTz0.O0E44&refer=top_world_news

California, 46 years old, trading full time since 1998...

"Fed's Greenspan Says Low Bond Yields Remain Unsolved Puzzle"! http://www.bloomberg.com/apps/news?pid=10000103&sid=aWK1Oh.MF9o0&refer=us

"As US rate conundrum deepens, Wall St has answers" http://www.reuters.com/newsArticle.jhtml;jsessionid=XA3GQEGQAOSCYCRBAE0CFFA?type=reutersEdge&storyID=8688090

Since 2004 the fed has raised the fed funds rate 3 full percentage points. The 30 yr fixed rate mortgages in 2003 averaged 5.8%, in 2004 averaged 5.8% and today the 30 yr fixed rate is 5.7%! No one seems to have a rational explanation of why the bond rates and mortgage rates haven't...

"Bond bubble, American-style" http://www.atimes.com/atimes/Global_Economy/GA05Dj01.html

"The Cost of All Those McMansions " http://news.yahoo.com/s/bw/nf200505269898db042

One factor that no one seems to take into consideration in all these scenarios is the fact that once "sentiment" changes, no one would touch majority of the properties out there with a ten foot pole! No one would be able to determine how far things could go in the "other" direction and you...

During recent couple of weeks real estate discussions "all over" has spiked to an amazing level! Combine all this deafening noise with bonds persistence rally and Toll brothers numbers etc and you'll get a classic scenario of nearing an infliction point imo

The signs are all over nowadays... "How much is that house next door?" http://www.usatoday.com/money/perfi/housing/2005-05-25-real-voyeurs-usat_x.htm "Appraisal fraud: your home at risk" http://money.cnn.com/2005/05/23/real_estate/financing/appraisalfraud/index.htm

Just watched another great commentary by Ron Insana on CNBC, this one about real estate... I believe he has become one of the most astute members of the financial media and a real asset to CNBC. Refreshing to see someone intelligent and knowledgeable like him conducting interviews and...

U.S. April Durable Goods Orders Rise 1.9%, More Than Forecast ... http://quote.bloomberg.com/apps/news?pid=10000006&sid=ay47ted.gPh8&refer=home

Have we met?!

A list of the fifty most common reasons why most futures traders lose money. We surveyed more than a thousand experienced futures brokers and asked what, in their experience, caused most futures traders to lose money. These account executives represent the trading experience of more than...