How many more points off the DOW and S&P before....

Quote from S2007S:

No need to be in homebuilders now, still plenty of ARMS to reset going into 2010 and not only that I see 1-2 homebuilders bankrupt before anything turns around, which will be in another 4-5 years....
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Fundamentally it might be early, but the market always looks ahead. Homebuilders were on e of the best performing groups in January and I believe that will hold true for the remainder of 2008. Some of these guys are up 15-20+% off their lows. Long term downtrends have been broken.
 
Quote from S2007S:

How many more points off the DOW and S&P before I hear the talking heads start to push for more interest rate cuts, Im thinking around 12,000-12100 they will start to scream rate cut time and around 11700 cut the rates by another 25 basis points.

ITS THE ONLY WAY TO PROP UP THE MARKETS. :p
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How badly are you hurting? No shorting? LOL...

Interest rates are cut to improve the economy of this country and bring peace and prosperity to all the American people. They do have an indirect relationship with financial markets cause it means confidence and better business climate, and the markets seems to like those things.

If you are such a piss ant and you don't like what our Federal Government doing and you are so un-Americans pack a suitcase and go live in Tibet or Bhutan and bake cow dung patties for a living.
 
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