What Will Happen When Homebuyer Tax Credit Expires? [View article]
My son is attempting to buy a condo right now.He has made 3 offers on 'short sale" properties offering to pay their asking price. Not one of the banks has responded and its been 6 weeks now (BOA and WFC). His realtor states that 1st Time Buyers are 75% of the market now. Take that away and watch those foreclosures increase and housing sink even further!
On Sep 26 03:58 PM Jasper M wrote:
> "conomy survive without all this massive government stimulus of the > housing and mortgage markets?" > > I think you know the answer. > It survived such before. > There will certainly be a period of painful readjustment - like an > addict going through withdrawal. In fact, JUST like an addict. But > it will not be the end of the world. And the sooner we embrace the > (painful) healing, the better
Dow and Rohm & Haas - Why They Go Well Together [View article]
Good points JR, I played this long a few times and yesterday I sold at $59.14 although I think its safe to sell puts at least through Feb expiration. Beyond that its too risky for me, anything could happen although I believe $78 is dead. Maybe at $66 they could do this without borrowing themselves into extinction. But then the question is what does ROH want.......for now Im sitting back and watching but the upside appears limited here for the next week at least.
First Call of a Double-Dip Recession: Setting Up a Market Bottom? [View article]
Does anyone realize the mortgages due to reset may now reset at a rate much lower?/ Seems everyone thinks the ARM's will adjust much higher, yet the rates these mortgages are linked to have gone down.
On Jan 03 07:01 AM mikeinalona wrote:
> Fitz919-I'm pretty sure the chart you are referring to is from Credit > Suisse, It is the adjustable rate mortgage schedule, and is very > scarey indeed. Here is a URL to one website using it but you can > google "credit suisse mortgage reset graph" and come up with a number > of other sites who are displaying the graph. > > www.charlesarthur.com/... > > From the sound of things the future ARMs resets are possibly even > more toxic than the sub prime ARMs. I am getting in on the dead cat > bounce we will be having but I will pull out before too long. I will > then short the market if/when it starts going down on the next leg > of the bear market. There are many catalysts which could start the > next leg down, including a wave of failed banks and/or the failure > of one or more of the big three auto makers. Nothing would make me > happier than to be wrong on this.
Charts I Like: Cherokee International [View article]
This is too funny.................... was bought out and de-listed last Thursday and here you are recommending it-lol Where were you 2-3 weeks ago when it was under $3.
cmetrader, I also see where he made this comment on Tues , Oct. 7th: "I expect the market to become less volatile and that should give us some greattrading opportunites". hahaha, great call there!!!!!!
A Selloff Follows the Out-of-the-Blue Rally - Not Good [View article]
Hey blink, do you find it necessary to hit EVERY article on Seeking Alpha and insert your greenfaucet crap? One guru's opinion is just that...........an opinion
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Latest | Highest ratedCash Upgrades from These 3 Dividend Stocks [View article]
On Oct 16 09:23 AM jokingme wrote:
> Your EPD numbers are incorrect.
> Dividend raised to $.5525/ qtr not $.515.
>
> Current yield is 7.5%.
What Will Happen When Homebuyer Tax Credit Expires? [View article]
On Sep 26 03:58 PM Jasper M wrote:
> "conomy survive without all this massive government stimulus of the
> housing and mortgage markets?"
>
> I think you know the answer.
> It survived such before.
> There will certainly be a period of painful readjustment - like an
> addict going through withdrawal. In fact, JUST like an addict. But
> it will not be the end of the world. And the sooner we embrace the
> (painful) healing, the better
Terra Industries Inc. Q1 2009 Earnings Call Transcript [View article]
Sun Micro: Put Spreads to Play Merger Arb? [View article]
Buffett Takes Advantage of the Wall Street Addicts [View article]
Why Apple Has Risen from a Technical Analysis Perspective [View article]
Dow and Rohm & Haas - Why They Go Well Together [View article]
I played this long a few times and yesterday I sold at $59.14 although I think its safe to sell puts at least through Feb expiration. Beyond that its too risky for me, anything could happen although I believe $78 is dead. Maybe at $66 they could do this without borrowing themselves into extinction. But then the question is what does ROH want.......for now Im sitting back and watching but the upside appears limited here for the next week at least.
First Call of a Double-Dip Recession: Setting Up a Market Bottom? [View article]
On Jan 03 07:01 AM mikeinalona wrote:
> Fitz919-I'm pretty sure the chart you are referring to is from Credit
> Suisse, It is the adjustable rate mortgage schedule, and is very
> scarey indeed. Here is a URL to one website using it but you can
> google "credit suisse mortgage reset graph" and come up with a number
> of other sites who are displaying the graph.
>
> www.charlesarthur.com/...
>
> From the sound of things the future ARMs resets are possibly even
> more toxic than the sub prime ARMs. I am getting in on the dead cat
> bounce we will be having but I will pull out before too long. I will
> then short the market if/when it starts going down on the next leg
> of the bear market. There are many catalysts which could start the
> next leg down, including a wave of failed banks and/or the failure
> of one or more of the big three auto makers. Nothing would make me
> happier than to be wrong on this.
It's a Mad, Mad, Mad Madoff World [View article]
Charts I Like: Cherokee International [View article]
Where were you 2-3 weeks ago when it was under $3.
Stop the Week, We Want to Get Off [View article]
hahaha, great call there!!!!!!
A Selloff Follows the Out-of-the-Blue Rally - Not Good [View article]
The S&P 500 Is Struggling - And Peaking [View article]
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