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August 16, 2007 at 8:07 AM in reply to: Dow Closes below 13000 today. Down 167 points. NDQ -40, S&P -19.8 #76352August 16, 2007 at 8:07 AM in reply to: Dow Closes below 13000 today. Down 167 points. NDQ -40, S&P -19.8 #76354
GoUSC
ParticipantWe might be heading for a really bad day. To summarize:
1. Asian markets tanked
2. Dollar continues to suck
3. Countrywide had to borrow $11.5 billion from banks to fund operations
4. Housing starts lowest since 1997
5. Unemployment is up 6000 unexpectedlyGreat.
August 16, 2007 at 7:46 AM in reply to: Make sure to check what your 401K Money Market invests in… #76221ParticipantTheBreeze…one of the funniest comments EVAR. Yes I too sometimes want to punch my financial “advisor” in the face.
August 16, 2007 at 7:46 AM in reply to: Make sure to check what your 401K Money Market invests in… #76340ParticipantTheBreeze…one of the funniest comments EVAR. Yes I too sometimes want to punch my financial “advisor” in the face.
August 16, 2007 at 7:46 AM in reply to: Make sure to check what your 401K Money Market invests in… #76342ParticipantTheBreeze…one of the funniest comments EVAR. Yes I too sometimes want to punch my financial “advisor” in the face.
August 15, 2007 at 10:04 PM in reply to: Dow Closes below 13000 today. Down 167 points. NDQ -40, S&P -19.8 #76101ParticipantAnyone else finding the slow motion unraveling of the world economy somewhat disturbing? I can just see US consumer consumption falling off a cliff and sending China into serious recession. Or worse, their markets take a tumble and the peasants who invested their life savings in the market (and thus lost it) protesting the government for not taking care of them…
August 15, 2007 at 10:04 PM in reply to: Dow Closes below 13000 today. Down 167 points. NDQ -40, S&P -19.8 #76220ParticipantAnyone else finding the slow motion unraveling of the world economy somewhat disturbing? I can just see US consumer consumption falling off a cliff and sending China into serious recession. Or worse, their markets take a tumble and the peasants who invested their life savings in the market (and thus lost it) protesting the government for not taking care of them…
August 15, 2007 at 10:04 PM in reply to: Dow Closes below 13000 today. Down 167 points. NDQ -40, S&P -19.8 #76222ParticipantAnyone else finding the slow motion unraveling of the world economy somewhat disturbing? I can just see US consumer consumption falling off a cliff and sending China into serious recession. Or worse, their markets take a tumble and the peasants who invested their life savings in the market (and thus lost it) protesting the government for not taking care of them…
ParticipantI am in a house that was purchase for way too much with nothing (5%) down on an ARM that is going to adjust soon. Needless to say I am just waiting for the call to come. Nothing yet on foreclosure.com though.
Worst past is the owner is a mortgage broker with Downey Savings. I don’t even know if he is still employed.
ParticipantI am in a house that was purchase for way too much with nothing (5%) down on an ARM that is going to adjust soon. Needless to say I am just waiting for the call to come. Nothing yet on foreclosure.com though.
Worst past is the owner is a mortgage broker with Downey Savings. I don’t even know if he is still employed.
ParticipantI am in a house that was purchase for way too much with nothing (5%) down on an ARM that is going to adjust soon. Needless to say I am just waiting for the call to come. Nothing yet on foreclosure.com though.
Worst past is the owner is a mortgage broker with Downey Savings. I don’t even know if he is still employed.
August 15, 2007 at 9:57 PM in reply to: Dow Closes below 13000 today. Down 167 points. NDQ -40, S&P -19.8 #76083ParticipantYeah if the rapture took place I am shorting like hell. If it proves to be wrong I’ll be rich. If I proves to be true, I’ll be dead. Win Win(?) if you ask me.
August 15, 2007 at 9:57 PM in reply to: Dow Closes below 13000 today. Down 167 points. NDQ -40, S&P -19.8 #76202ParticipantYeah if the rapture took place I am shorting like hell. If it proves to be wrong I’ll be rich. If I proves to be true, I’ll be dead. Win Win(?) if you ask me.
August 15, 2007 at 9:57 PM in reply to: Dow Closes below 13000 today. Down 167 points. NDQ -40, S&P -19.8 #76204ParticipantYeah if the rapture took place I am shorting like hell. If it proves to be wrong I’ll be rich. If I proves to be true, I’ll be dead. Win Win(?) if you ask me.
August 15, 2007 at 9:55 PM in reply to: Dow Closes below 13000 today. Down 167 points. NDQ -40, S&P -19.8 #76199ParticipantWhy set a tight trailing stop sell if you are holding the ProShares for the longer term? I think the market will continue to sink over the next few months so what do I care about the occasional spike here and there? Thoughts?
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