'The Worst Is Over for Financials' - Really? [View article]
Jen 31,
I suggest staying away from financials until you see home prices at least hold steady for one solid quarter. That will indicate a possible bottom.
If you're a risk taker, buy at that point.
If you're a cautious investor, wait for home prices to increase in any way for a solid quarter. You will have missed the absolute bottom, by I never try to buy there anyway. I buy when the trend is obvious and stay in until the price spikes.
The Greatest Short Sale in History [View article]
ProShares UltraShort Lehman 20+ Year Treasury ETF (AMEX: TBT)
It moves at 2x speed in the opposite direction of long bond prices. A 1% decrease in the price of bonds will be a 2% gain for you.
Welcome to Desolation Row [View article]
Read this Chuck; and if you really want the truth do some investigating on your own and you will find it:
www.marketoracle.co.uk...
Welcome to Desolation Row [View article]
Bush and the Republicans deserve most of the blame as they had the power to stop this long ago, but Clinton was the one that started this mess.
US Housing Inventories Reach Record Highs [View article]
Drive to the next neighborhood and the the townhomes that were built a year ago are still unsold...so they build more?
Builders are addicted to the "build it and they will buy" mentality.
'The Worst Is Over for Financials' - Really? [View article]
I suggest staying away from financials until you see home prices at least hold steady for one solid quarter. That will indicate a possible bottom.
If you're a risk taker, buy at that point.
If you're a cautious investor, wait for home prices to increase in any way for a solid quarter. You will have missed the absolute bottom, by I never try to buy there anyway. I buy when the trend is obvious and stay in until the price spikes.
I Guess This Means AIG Stock Will Rise 10% Tomorrow [View article]