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peterb
ParticipantI would think that the govt will be raising all kinds of fees and transaction costs,etc… they’re losing lots of revenue from property and sales tax already and raising income tax when unemployment is rising is tough to do. They cant get blood from a turnip, so it makes sense that they are going to start looking for people making money in other ways and try to get a bigger part of it.
peterb
ParticipantI would think that the govt will be raising all kinds of fees and transaction costs,etc… they’re losing lots of revenue from property and sales tax already and raising income tax when unemployment is rising is tough to do. They cant get blood from a turnip, so it makes sense that they are going to start looking for people making money in other ways and try to get a bigger part of it.
peterb
ParticipantI would think that the govt will be raising all kinds of fees and transaction costs,etc… they’re losing lots of revenue from property and sales tax already and raising income tax when unemployment is rising is tough to do. They cant get blood from a turnip, so it makes sense that they are going to start looking for people making money in other ways and try to get a bigger part of it.
peterb
ParticipantYou had a house that went up in value in 2008? Dont lollygag on the refi. Confirm that appraisal as well with believable comps.
peterb
ParticipantYou had a house that went up in value in 2008? Dont lollygag on the refi. Confirm that appraisal as well with believable comps.
peterb
ParticipantYou had a house that went up in value in 2008? Dont lollygag on the refi. Confirm that appraisal as well with believable comps.
peterb
ParticipantYou had a house that went up in value in 2008? Dont lollygag on the refi. Confirm that appraisal as well with believable comps.
peterb
ParticipantYou had a house that went up in value in 2008? Dont lollygag on the refi. Confirm that appraisal as well with believable comps.
November 26, 2008 at 12:13 PM in reply to: Ideas for short-term trades? Where are markets headed? #309259peterb
ParticipantIf the Dow hold above 8600 today, it should be a rally confirmation. Next big overhead is 10000. If it get anywhere in the high 9000’s, I’m loading up on the new triple short ETF’s out there. If you want to go long on something for a year or two, try the gold producing mining companies. Like GFI, HMY, ABX, etc…they usually do very well after a credit bubble burst. See how gold has maintained very good relative strength in the last 6 months. This will cause the producing gold miners to have very good earnings in an absolutely crappy market. Hence, they will shoot up.
November 26, 2008 at 12:13 PM in reply to: Ideas for short-term trades? Where are markets headed? #309623peterb
ParticipantIf the Dow hold above 8600 today, it should be a rally confirmation. Next big overhead is 10000. If it get anywhere in the high 9000’s, I’m loading up on the new triple short ETF’s out there. If you want to go long on something for a year or two, try the gold producing mining companies. Like GFI, HMY, ABX, etc…they usually do very well after a credit bubble burst. See how gold has maintained very good relative strength in the last 6 months. This will cause the producing gold miners to have very good earnings in an absolutely crappy market. Hence, they will shoot up.
November 26, 2008 at 12:13 PM in reply to: Ideas for short-term trades? Where are markets headed? #309646peterb
ParticipantIf the Dow hold above 8600 today, it should be a rally confirmation. Next big overhead is 10000. If it get anywhere in the high 9000’s, I’m loading up on the new triple short ETF’s out there. If you want to go long on something for a year or two, try the gold producing mining companies. Like GFI, HMY, ABX, etc…they usually do very well after a credit bubble burst. See how gold has maintained very good relative strength in the last 6 months. This will cause the producing gold miners to have very good earnings in an absolutely crappy market. Hence, they will shoot up.
November 26, 2008 at 12:13 PM in reply to: Ideas for short-term trades? Where are markets headed? #309667peterb
ParticipantIf the Dow hold above 8600 today, it should be a rally confirmation. Next big overhead is 10000. If it get anywhere in the high 9000’s, I’m loading up on the new triple short ETF’s out there. If you want to go long on something for a year or two, try the gold producing mining companies. Like GFI, HMY, ABX, etc…they usually do very well after a credit bubble burst. See how gold has maintained very good relative strength in the last 6 months. This will cause the producing gold miners to have very good earnings in an absolutely crappy market. Hence, they will shoot up.
November 26, 2008 at 12:13 PM in reply to: Ideas for short-term trades? Where are markets headed? #309729peterb
ParticipantIf the Dow hold above 8600 today, it should be a rally confirmation. Next big overhead is 10000. If it get anywhere in the high 9000’s, I’m loading up on the new triple short ETF’s out there. If you want to go long on something for a year or two, try the gold producing mining companies. Like GFI, HMY, ABX, etc…they usually do very well after a credit bubble burst. See how gold has maintained very good relative strength in the last 6 months. This will cause the producing gold miners to have very good earnings in an absolutely crappy market. Hence, they will shoot up.
peterb
ParticipantMost Student loans are GSL..which translates into “you owe the USG if you default”. Like a debt to the IRS, you cant BK out of it. At least this used to be the way it was back in the day.
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