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CoronitaParticipantRatherOpinionated,
I have to say, your picture would look perfect for my signature.
Not that it's really your business,my comment about the little piggy is about DUG getting slaughtered in the coming days.
I am long pretty much long in everything except oil and gas. I just feel oil/gas has reached beyond fundamentals. But what do i know. It's a crap shoot which waythe ball is bouncing on a given day. If i really knew what I was doing, I would be working on Wall Street. So I'm losing money on this fund, so fvcking what.
Your point about the 200pt rise today is fine. But again, I wasn't exactly happy when my portfolio lost value in the 300 pt plunge yesterday either, so any recovery float my boat as well. However, mind you we're still down 100pt relative this week. I would be thankful for dow closing 14000 this year. Doesn't seem like it's going to happen.
While you're at it, feel free to post how well DUG is doing. Nice death spiral so far.
The good news, is the government will bail me out of this investment.
Signed,
Bitter renter,ex-qualcomm, ex-IPOed startups 1,2,3,4 fat lazy union worker.
CoronitaParticipantRatherOpinionated,
I have to say, your picture would look perfect for my signature.
Not that it's really your business,my comment about the little piggy is about DUG getting slaughtered in the coming days.
I am long pretty much long in everything except oil and gas. I just feel oil/gas has reached beyond fundamentals. But what do i know. It's a crap shoot which waythe ball is bouncing on a given day. If i really knew what I was doing, I would be working on Wall Street. So I'm losing money on this fund, so fvcking what.
Your point about the 200pt rise today is fine. But again, I wasn't exactly happy when my portfolio lost value in the 300 pt plunge yesterday either, so any recovery float my boat as well. However, mind you we're still down 100pt relative this week. I would be thankful for dow closing 14000 this year. Doesn't seem like it's going to happen.
While you're at it, feel free to post how well DUG is doing. Nice death spiral so far.
The good news, is the government will bail me out of this investment.
Signed,
Bitter renter,ex-qualcomm, ex-IPOed startups 1,2,3,4 fat lazy union worker.
CoronitaParticipantRatherOpinionated,
I have to say, your picture would look perfect for my signature.
Not that it's really your business,my comment about the little piggy is about DUG getting slaughtered in the coming days.
I am long pretty much long in everything except oil and gas. I just feel oil/gas has reached beyond fundamentals. But what do i know. It's a crap shoot which waythe ball is bouncing on a given day. If i really knew what I was doing, I would be working on Wall Street. So I'm losing money on this fund, so fvcking what.
Your point about the 200pt rise today is fine. But again, I wasn't exactly happy when my portfolio lost value in the 300 pt plunge yesterday either, so any recovery float my boat as well. However, mind you we're still down 100pt relative this week. I would be thankful for dow closing 14000 this year. Doesn't seem like it's going to happen.
While you're at it, feel free to post how well DUG is doing. Nice death spiral so far.
The good news, is the government will bail me out of this investment.
Signed,
Bitter renter,ex-qualcomm, ex-IPOed startups 1,2,3,4 fat lazy union worker.
CoronitaParticipantRatherOpinionated,
I have to say, your picture would look perfect for my signature.
Not that it's really your business,my comment about the little piggy is about DUG getting slaughtered in the coming days.
I am long pretty much long in everything except oil and gas. I just feel oil/gas has reached beyond fundamentals. But what do i know. It's a crap shoot which waythe ball is bouncing on a given day. If i really knew what I was doing, I would be working on Wall Street. So I'm losing money on this fund, so fvcking what.
Your point about the 200pt rise today is fine. But again, I wasn't exactly happy when my portfolio lost value in the 300 pt plunge yesterday either, so any recovery float my boat as well. However, mind you we're still down 100pt relative this week. I would be thankful for dow closing 14000 this year. Doesn't seem like it's going to happen.
While you're at it, feel free to post how well DUG is doing. Nice death spiral so far.
The good news, is the government will bail me out of this investment.
Signed,
Bitter renter,ex-qualcomm, ex-IPOed startups 1,2,3,4 fat lazy union worker.
CoronitaParticipantDUG is a short fund for oil/gas.
CoronitaParticipantDUG is a short fund for oil/gas.
CoronitaParticipantDUG is a short fund for oil/gas.
CoronitaParticipantDUG is a short fund for oil/gas.
CoronitaParticipantDUG is a short fund for oil/gas.
CoronitaParticipantI think the only way there could be a "bounce back" would be if some new financing scheme emerges. If we go back to 20% down as the only way to buy a house it will take a very long time before the market bounces back. There aren't that many people who have accumulated 20% down payment and are willing to go out and spend it right now. After the carnage, when there is a lot more blood in the street, many people will be even more reluctant to part with their dough.
However…builders, realtors, lenders, etc., may go to the govt. and argue for some new special "scheme" to "jump start" the housing market…so there may be some new program to get people into housing, and that could jump start the cycle.
I got a new funding scheme that I can propose.
Offering 40,50,60 year fixed rate mortgages.
That way 40,50,60, someone will have to pay all the way up tho their golden years and beyond. You might wonder how someone would pay for a 60 year mortgage if they take one out when your 30years old? Ah, simple. These new mortgages would also be tide into a life insurance policy where the mortgagee pays the insurance premium as part of the mortgage, and the beneficiary of the policy is the creditor.
So as part of mortgage, you not only have to to pay PMI if you put less than 20%, you also pay LIFE insurance premium to cover if you croak over before you finish paying all 60 years. Of course, the life insurance premium would be steep, just like Universal Life or Whole Life. But, don't worry, it would also be tax deductible.
Creative isn't it? I should have worked for wall street.
CoronitaParticipantI think the only way there could be a "bounce back" would be if some new financing scheme emerges. If we go back to 20% down as the only way to buy a house it will take a very long time before the market bounces back. There aren't that many people who have accumulated 20% down payment and are willing to go out and spend it right now. After the carnage, when there is a lot more blood in the street, many people will be even more reluctant to part with their dough.
However…builders, realtors, lenders, etc., may go to the govt. and argue for some new special "scheme" to "jump start" the housing market…so there may be some new program to get people into housing, and that could jump start the cycle.
I got a new funding scheme that I can propose.
Offering 40,50,60 year fixed rate mortgages.
That way 40,50,60, someone will have to pay all the way up tho their golden years and beyond. You might wonder how someone would pay for a 60 year mortgage if they take one out when your 30years old? Ah, simple. These new mortgages would also be tide into a life insurance policy where the mortgagee pays the insurance premium as part of the mortgage, and the beneficiary of the policy is the creditor.
So as part of mortgage, you not only have to to pay PMI if you put less than 20%, you also pay LIFE insurance premium to cover if you croak over before you finish paying all 60 years. Of course, the life insurance premium would be steep, just like Universal Life or Whole Life. But, don't worry, it would also be tax deductible.
Creative isn't it? I should have worked for wall street.
CoronitaParticipantI think the only way there could be a "bounce back" would be if some new financing scheme emerges. If we go back to 20% down as the only way to buy a house it will take a very long time before the market bounces back. There aren't that many people who have accumulated 20% down payment and are willing to go out and spend it right now. After the carnage, when there is a lot more blood in the street, many people will be even more reluctant to part with their dough.
However…builders, realtors, lenders, etc., may go to the govt. and argue for some new special "scheme" to "jump start" the housing market…so there may be some new program to get people into housing, and that could jump start the cycle.
I got a new funding scheme that I can propose.
Offering 40,50,60 year fixed rate mortgages.
That way 40,50,60, someone will have to pay all the way up tho their golden years and beyond. You might wonder how someone would pay for a 60 year mortgage if they take one out when your 30years old? Ah, simple. These new mortgages would also be tide into a life insurance policy where the mortgagee pays the insurance premium as part of the mortgage, and the beneficiary of the policy is the creditor.
So as part of mortgage, you not only have to to pay PMI if you put less than 20%, you also pay LIFE insurance premium to cover if you croak over before you finish paying all 60 years. Of course, the life insurance premium would be steep, just like Universal Life or Whole Life. But, don't worry, it would also be tax deductible.
Creative isn't it? I should have worked for wall street.
CoronitaParticipantI think the only way there could be a "bounce back" would be if some new financing scheme emerges. If we go back to 20% down as the only way to buy a house it will take a very long time before the market bounces back. There aren't that many people who have accumulated 20% down payment and are willing to go out and spend it right now. After the carnage, when there is a lot more blood in the street, many people will be even more reluctant to part with their dough.
However…builders, realtors, lenders, etc., may go to the govt. and argue for some new special "scheme" to "jump start" the housing market…so there may be some new program to get people into housing, and that could jump start the cycle.
I got a new funding scheme that I can propose.
Offering 40,50,60 year fixed rate mortgages.
That way 40,50,60, someone will have to pay all the way up tho their golden years and beyond. You might wonder how someone would pay for a 60 year mortgage if they take one out when your 30years old? Ah, simple. These new mortgages would also be tide into a life insurance policy where the mortgagee pays the insurance premium as part of the mortgage, and the beneficiary of the policy is the creditor.
So as part of mortgage, you not only have to to pay PMI if you put less than 20%, you also pay LIFE insurance premium to cover if you croak over before you finish paying all 60 years. Of course, the life insurance premium would be steep, just like Universal Life or Whole Life. But, don't worry, it would also be tax deductible.
Creative isn't it? I should have worked for wall street.
CoronitaParticipantI think the only way there could be a "bounce back" would be if some new financing scheme emerges. If we go back to 20% down as the only way to buy a house it will take a very long time before the market bounces back. There aren't that many people who have accumulated 20% down payment and are willing to go out and spend it right now. After the carnage, when there is a lot more blood in the street, many people will be even more reluctant to part with their dough.
However…builders, realtors, lenders, etc., may go to the govt. and argue for some new special "scheme" to "jump start" the housing market…so there may be some new program to get people into housing, and that could jump start the cycle.
I got a new funding scheme that I can propose.
Offering 40,50,60 year fixed rate mortgages.
That way 40,50,60, someone will have to pay all the way up tho their golden years and beyond. You might wonder how someone would pay for a 60 year mortgage if they take one out when your 30years old? Ah, simple. These new mortgages would also be tide into a life insurance policy where the mortgagee pays the insurance premium as part of the mortgage, and the beneficiary of the policy is the creditor.
So as part of mortgage, you not only have to to pay PMI if you put less than 20%, you also pay LIFE insurance premium to cover if you croak over before you finish paying all 60 years. Of course, the life insurance premium would be steep, just like Universal Life or Whole Life. But, don't worry, it would also be tax deductible.
Creative isn't it? I should have worked for wall street.
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