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Let's get fuckin' honest....

Hmmm, How about the retards that sat there and said, "Sure, I'll pay an interest only mortgage for 2 years on my $450K house even though I'm a temp worker plumber with my local 277.... and Yes, you can expect that balloon payment in 24 months. See ya then !!!" C'mon.

I'm Waaaaaaaaaiting .......

I couldn't agree more. B

Thanks very much.

drsteph, I'm looking at http://biz.yahoo.com/ic/ll/426tbe.html as a resource. Can you recommend anywhere else. Thx

Well said... Hey Sky, The point is - NO ONE knows what these company's have on their books. It's all speculation at this point. Think about it... Bear, Lehman etc.... when you are leveraged 30:1 and blow up, you end up taking a lot more than yourself down. Everyone you touch now has...

Can you please provide a link to this movie. Thx p.s. Correct me if I'm wrong, but I heard this 'new' bill had all sorts of sweeteners thrown in... like, tax breaks on wooden arrows made for bow and arrow sets for little kids... unreal.

Every couple of months I call my internet provider and ask if there are any upgrades to their routers... what's new etc. I usually bitch until I get them to send me a new one (at no charge). Unreal what you can get if you don't hang up... :D

$, Are the NAV's of SKF and XLF always co-related? I would imagine they are very close... but as you say, with the restrictions on short selling, I imagine the arb is yet to come.... Thoughts. B

Yep :D C'mon, Fox is a joke... I mean, TMZ is more interesting. CNBC - I'd love to take a brick upside Larry Kudlow's head. B

Indeed... Maybe this is a perfect time to pruge an economy sustanined on shopping and home ownership... and put it on a path towards investment, infrastructure, health care and R&D... B

No, he's a Capitalist.

No, they're going to zero...

what are the limitations w.r.t. the new short selling rule. I know naked shorting is a no-no, but are they talking banning short selling market wide or just in the financials.... thx

as I write, we're 100+ points off the low in the ES... B

Well, as I write... we are 100points of the low of the day in the ES! B

I'm stuck long :eek:

I think you're right about the single digits... :p

I imagine you are long a bit... Looking for a buying op. after the inital dump. Could come in several waves... see what happens. B