I like to read the line which state "someone did not like JPM." I have a nice position in Jan, 2010 $5 put options. I think JPM's time will come to pay the piper. I have taken the position it will be prior to Jan, 2010.
Chasing the Diminished Marginal Buyer [View article]
Short JPM as they have the most exposure to treasury derivatives. JPM is about to implode and be single digist on the next leg down as the treasury bubble bursts. The treasury bubble is about to pop as the S&P is way over valued for the current and future valuations as the economy is going to being stagnant at best.
Florida Home Sales Increase for the 6th Straight Month [View article]
How many of the supposed sales are arms length transactions? I would guess that more then half these sales were foreclosure sales(banks officially taking over a property)
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