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  1. M

    How to save America....

    1)raise interest rates sharply and strengthen USD as much as possible 2)sell all assets to foreigners and buy oil and any other commodity that industry needs and has intrinsic value, create massive stockpiles of grain etc 3)accelerate borrowing to even insaner levels to fund a massive debtors...
  2. M

    Great Web site

    Not sure if this has been posted to ET before but this is a very informative website http://www.institutionalriskanalytics.com/index.html Interesting read: http://us1.institutionalriskanalytics.com/pub/IRAMain.asp
  3. M

    Will GM acually go Bankrupt or is it a Long term buy?

    What happens if GM is significantly relieved of its health care liabilities by the next administration/congress?.
  4. M

    go Barrack Obama

    And the ticker symbol on Mr Obama is what?
  5. M

    The Darkest Storm is About to Descend - You Can't Imagine the Carnage

    Truth is that none of us know what is going to happen. What rabbit will Paulson Bernanke Dodd/Frank SEC pull out of the hat next? I think a straddle of sorts make sense here and am long ES and NQ calls, USO calls, and QID/SKF OTM calls in case the market actually starts to care about all the...
  6. M

    DOW to fall below 11k

    I am long here ES 1265 and NQ 1829 in size (4X relative to what I have been doing the last few months) There is just too much support for the markets coming online in the next month for them to fall in any meaningful way so am abandoning my 10700 call and realize that 10800 s was good enough...
  7. M

    WOW!!! The biggest news in housing market and nobody on ET notices...

    A) Why wouldn't anyone substantially underwater on their equity take advantage of this deal, neighbor bragging he got a real sweet deal notwithstanding? Walking away is probably still their best option especailly when they realize that they will now be living in a neighborhood of a...
  8. M

    DOW to fall below 11k

    Still looking for 10700 on the dow.
  9. M

    Why do I feel like the sky is falling?

    Is that 3% fixed figure for real? Do they have to give up equity to get that? If it is for real why wouldn't everyone just buy a house and put it in to foreclosure live free for 12-18 months and then get that fixed sweetheart rate subsidized by the tax payer!
  10. M

    The SEC Has Lost All Credibility

    That was truly pathetic, makes them look like a laughing stock. If I am not mistaken short selling is illegal on the shanghai exchange and yet it has managed to fall over 50% (perhaps because of) no short selling.
  11. M

    The SEC Has Lost All Credibility

    Excellent commentary Libertad :) Agree completely. It could be that the critics of the short sale rule were right, that having the short sellers out of a stock creates a potential airpocket under the price as there are no shorts covering to provide some support to the stock. Does anyone...
  12. M

    Fnm Fre

    No "just" about it, if you sold or were short at the open today you had a phenomenal day on FNM, congratulations! We are sitting at support here though which is why I didn't want to press.
  13. M

    fxi, eem price change

    3 for 1 split on FXI
  14. M

    Fnm Fre

    Lightening up on the SKF here, good call on the FMN puts DAAL hope you are killing it.
  15. M

    Fnm Fre

    Agree in the short term, this is a stealth bailout of the banks and the GSEs will be made to look solid. Eventually after the banks have unloaded as much as they can on to the GSE's books, maybe in several years we will see them go belly up if housing doesn't come back and be taken over by the...
  16. M

    Fnm Fre

    The more I think and read about this current housing bill it seems to me that what is going on is getting Fannie and Freddie to take all the crap off the bank's books. Using the GSEs as vehicles to make banks solvent again. Could also be timed so that the Fed doesn't have to keep all the...
  17. M

    The Darkest Storm is About to Descend - You Can't Imagine the Carnage

    http://mrmortgage.ml-implode.com/2008/07/23/2nd-mortgage-holders-banks-now-to-be-bailed-out-too-breaking/#more-200
  18. M

    Congress Pursues $80 Oil With Trading Limits, Disclosure Rules : from Bloomberg

    The only thing this will accomplish in the long run IF it passes is for oil producers to depeg their currency from the USD (probably would happen eventually anyway but this will speed up the process). This in turn will mean HIGHER oil prices for us in the US, a weaker USD (ie higher prices of...
  19. M

    The Darkest Storm is About to Descend - You Can't Imagine the Carnage

    Isn't the equity in the home more relevant than the home price? Doesn't really matter if the house that is now selling for 800K once sold for $150K if they refinanced and took out equity at the height of the bubble.
  20. M

    The Darkest Storm is About to Descend - You Can't Imagine the Carnage

    That article is too old Thundy, in the last two weeks everything has turned around and the shades are coming out again :D
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