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stockstradrParticipant
“No, you’re suffering because YOU, yourself made a bad choice. Don’t blame it on other people. You didn’t have to sign on the dotted line. You have a brain just like everyone else. You bought in an overinflated market, you should have known the risk.”
I absolutely agree with the member who posted that response, AND I do NOT agree with other member who claimed that post was overly harsh.
Now, to the original poster who asked “should I walk away?” my answer is that YES I would walk away if I was in your shoes. You do it because you can get away with it; additionally, it makes financial sense, and it is legal. Now it may not be a mark of good character, but who gives a shit. Cut your losses and run like the wind.
stockstradrParticipant“No, you’re suffering because YOU, yourself made a bad choice. Don’t blame it on other people. You didn’t have to sign on the dotted line. You have a brain just like everyone else. You bought in an overinflated market, you should have known the risk.”
I absolutely agree with the member who posted that response, AND I do NOT agree with other member who claimed that post was overly harsh.
Now, to the original poster who asked “should I walk away?” my answer is that YES I would walk away if I was in your shoes. You do it because you can get away with it; additionally, it makes financial sense, and it is legal. Now it may not be a mark of good character, but who gives a shit. Cut your losses and run like the wind.
stockstradrParticipantI have no advice on stocks that make money on earthquakes. Honestly, the investment strategy behind that question sucks. If Big Earthquake is the market shock (financially & literally!) you plan to profit from, the problem is you cannot predict when it will happen, not even within +/- 10-year accuracy.
OK, you want some GOOD advice on earthquakes?
An earthquake alarm for $23. And this thing is very well reviewed by seismologists.
After I stopped laughing at the apparent ridiculousness of an “earthquake alarm” … I started to think, “Hey maybe this isn’t such a crazy idea, and maybe this product IS worth $23 price if there’s a chance it may save your life!”
http://www.earthquakestore.com/earthquake-alarms.php
That first website has best price on this product. That second website has detailed description of the product. I ordered a couple of these after doing the engineering-geek thing of spending a half-day last weekend researching earthquake sensor alarms. This is a nifty little product and you simply stick on the wall of your bedroom and align it. Then you set the sensitivity.
It works on the principle of detecting the “P” wave (compression wave) of an earthquake, which travel about 1.7 times faster than the more destructive “S” wave (shear wave). If the Big One hits at night while we sleep, we don’t want to wake up when the house is falling on us; hopefully we are woken up (by alarm) 10 or 20 seconds before, and have a chance get out of the house.
Alternatively, there is this product, MUCH higher priced:
http://windupradio.com/quake.htm
Admit it. You should order a couple of these today. No I don’t have any relationship with the company that sells these. I’m just sharing advice that could save your life.
stockstradrParticipantI have no advice on stocks that make money on earthquakes. Honestly, the investment strategy behind that question sucks. If Big Earthquake is the market shock (financially & literally!) you plan to profit from, the problem is you cannot predict when it will happen, not even within +/- 10-year accuracy.
OK, you want some GOOD advice on earthquakes?
An earthquake alarm for $23. And this thing is very well reviewed by seismologists.
After I stopped laughing at the apparent ridiculousness of an “earthquake alarm” … I started to think, “Hey maybe this isn’t such a crazy idea, and maybe this product IS worth $23 price if there’s a chance it may save your life!”
http://www.earthquakestore.com/earthquake-alarms.php
That first website has best price on this product. That second website has detailed description of the product. I ordered a couple of these after doing the engineering-geek thing of spending a half-day last weekend researching earthquake sensor alarms. This is a nifty little product and you simply stick on the wall of your bedroom and align it. Then you set the sensitivity.
It works on the principle of detecting the “P” wave (compression wave) of an earthquake, which travel about 1.7 times faster than the more destructive “S” wave (shear wave). If the Big One hits at night while we sleep, we don’t want to wake up when the house is falling on us; hopefully we are woken up (by alarm) 10 or 20 seconds before, and have a chance get out of the house.
Alternatively, there is this product, MUCH higher priced:
http://windupradio.com/quake.htm
Admit it. You should order a couple of these today. No I don’t have any relationship with the company that sells these. I’m just sharing advice that could save your life.
stockstradrParticipantI have no advice on stocks that make money on earthquakes. Honestly, the investment strategy behind that question sucks. If Big Earthquake is the market shock (financially & literally!) you plan to profit from, the problem is you cannot predict when it will happen, not even within +/- 10-year accuracy.
OK, you want some GOOD advice on earthquakes?
An earthquake alarm for $23. And this thing is very well reviewed by seismologists.
After I stopped laughing at the apparent ridiculousness of an “earthquake alarm” … I started to think, “Hey maybe this isn’t such a crazy idea, and maybe this product IS worth $23 price if there’s a chance it may save your life!”
http://www.earthquakestore.com/earthquake-alarms.php
That first website has best price on this product. That second website has detailed description of the product. I ordered a couple of these after doing the engineering-geek thing of spending a half-day last weekend researching earthquake sensor alarms. This is a nifty little product and you simply stick on the wall of your bedroom and align it. Then you set the sensitivity.
It works on the principle of detecting the “P” wave (compression wave) of an earthquake, which travel about 1.7 times faster than the more destructive “S” wave (shear wave). If the Big One hits at night while we sleep, we don’t want to wake up when the house is falling on us; hopefully we are woken up (by alarm) 10 or 20 seconds before, and have a chance get out of the house.
Alternatively, there is this product, MUCH higher priced:
http://windupradio.com/quake.htm
Admit it. You should order a couple of these today. No I don’t have any relationship with the company that sells these. I’m just sharing advice that could save your life.
stockstradrParticipantI have no advice on stocks that make money on earthquakes. Honestly, the investment strategy behind that question sucks. If Big Earthquake is the market shock (financially & literally!) you plan to profit from, the problem is you cannot predict when it will happen, not even within +/- 10-year accuracy.
OK, you want some GOOD advice on earthquakes?
An earthquake alarm for $23. And this thing is very well reviewed by seismologists.
After I stopped laughing at the apparent ridiculousness of an “earthquake alarm” … I started to think, “Hey maybe this isn’t such a crazy idea, and maybe this product IS worth $23 price if there’s a chance it may save your life!”
http://www.earthquakestore.com/earthquake-alarms.php
That first website has best price on this product. That second website has detailed description of the product. I ordered a couple of these after doing the engineering-geek thing of spending a half-day last weekend researching earthquake sensor alarms. This is a nifty little product and you simply stick on the wall of your bedroom and align it. Then you set the sensitivity.
It works on the principle of detecting the “P” wave (compression wave) of an earthquake, which travel about 1.7 times faster than the more destructive “S” wave (shear wave). If the Big One hits at night while we sleep, we don’t want to wake up when the house is falling on us; hopefully we are woken up (by alarm) 10 or 20 seconds before, and have a chance get out of the house.
Alternatively, there is this product, MUCH higher priced:
http://windupradio.com/quake.htm
Admit it. You should order a couple of these today. No I don’t have any relationship with the company that sells these. I’m just sharing advice that could save your life.
stockstradrParticipantI have no advice on stocks that make money on earthquakes. Honestly, the investment strategy behind that question sucks. If Big Earthquake is the market shock (financially & literally!) you plan to profit from, the problem is you cannot predict when it will happen, not even within +/- 10-year accuracy.
OK, you want some GOOD advice on earthquakes?
An earthquake alarm for $23. And this thing is very well reviewed by seismologists.
After I stopped laughing at the apparent ridiculousness of an “earthquake alarm” … I started to think, “Hey maybe this isn’t such a crazy idea, and maybe this product IS worth $23 price if there’s a chance it may save your life!”
http://www.earthquakestore.com/earthquake-alarms.php
That first website has best price on this product. That second website has detailed description of the product. I ordered a couple of these after doing the engineering-geek thing of spending a half-day last weekend researching earthquake sensor alarms. This is a nifty little product and you simply stick on the wall of your bedroom and align it. Then you set the sensitivity.
It works on the principle of detecting the “P” wave (compression wave) of an earthquake, which travel about 1.7 times faster than the more destructive “S” wave (shear wave). If the Big One hits at night while we sleep, we don’t want to wake up when the house is falling on us; hopefully we are woken up (by alarm) 10 or 20 seconds before, and have a chance get out of the house.
Alternatively, there is this product, MUCH higher priced:
http://windupradio.com/quake.htm
Admit it. You should order a couple of these today. No I don’t have any relationship with the company that sells these. I’m just sharing advice that could save your life.
November 14, 2007 at 2:12 PM in reply to: In case you missed it. Etrade lost 60% of it’s market cap today due to subprime. #99422stockstradrParticipantI guess we are now entering the Musical Chairs style banking phase of this financial markets meltdown.
🙂
Each week the music stops and another financial institution is declared insolvent and it goes down like chairs being pulled from a game of Musical Chairs.
Quick, scramble to find a “safe” bank to sit your retirement account down in.
When the music stops you hope it is sitting in a SOLVENT financial institution.
November 14, 2007 at 2:12 PM in reply to: In case you missed it. Etrade lost 60% of it’s market cap today due to subprime. #99487stockstradrParticipantI guess we are now entering the Musical Chairs style banking phase of this financial markets meltdown.
🙂
Each week the music stops and another financial institution is declared insolvent and it goes down like chairs being pulled from a game of Musical Chairs.
Quick, scramble to find a “safe” bank to sit your retirement account down in.
When the music stops you hope it is sitting in a SOLVENT financial institution.
November 14, 2007 at 2:12 PM in reply to: In case you missed it. Etrade lost 60% of it’s market cap today due to subprime. #99503stockstradrParticipantI guess we are now entering the Musical Chairs style banking phase of this financial markets meltdown.
🙂
Each week the music stops and another financial institution is declared insolvent and it goes down like chairs being pulled from a game of Musical Chairs.
Quick, scramble to find a “safe” bank to sit your retirement account down in.
When the music stops you hope it is sitting in a SOLVENT financial institution.
November 14, 2007 at 2:12 PM in reply to: In case you missed it. Etrade lost 60% of it’s market cap today due to subprime. #99505stockstradrParticipantI guess we are now entering the Musical Chairs style banking phase of this financial markets meltdown.
🙂
Each week the music stops and another financial institution is declared insolvent and it goes down like chairs being pulled from a game of Musical Chairs.
Quick, scramble to find a “safe” bank to sit your retirement account down in.
When the music stops you hope it is sitting in a SOLVENT financial institution.
November 14, 2007 at 2:12 PM in reply to: In case you missed it. Etrade lost 60% of it’s market cap today due to subprime. #99512stockstradrParticipantI guess we are now entering the Musical Chairs style banking phase of this financial markets meltdown.
🙂
Each week the music stops and another financial institution is declared insolvent and it goes down like chairs being pulled from a game of Musical Chairs.
Quick, scramble to find a “safe” bank to sit your retirement account down in.
When the music stops you hope it is sitting in a SOLVENT financial institution.
November 14, 2007 at 1:43 PM in reply to: In case you missed it. Etrade lost 60% of it’s market cap today due to subprime. #99402stockstradrParticipantWe have all our retirement accounts, a large portion of our assets in E*TRADE. I looked closely at E*TRADE financials last night, and concluded the company is effectively INSOLVENT. The CEO of E*TRADE is writing they “…could absorb an immediate write down in excess of $1 billion and still remain well capitalized.”
Except there is one problem, look at E*TRADE balance sheets: there appears to be a lot more than a billion in write downs in store for E*TRADE. The numbers don’t look pretty.
This week the markets finally spooked me, shook me to the core, that this finanical melt down could get real ugly. Major banks could collapse.
Just one example, a best friend of mine works in a very senior position in a very large Wall St. investment bank.
I wrote him, “What’s the feel of the markets, from the inside?”
He Blackberry’s me back,
“Be afraid, be very afraid. I’m now at a insider financial conference and very senior managers are discussing Worst Case Scenarios. There is real fear in the air even among very seasoned finance industry professionals.”
Today I submitted request to have ALL our family assets tranferred out of E*TRADE. It takes about 7 days to complete. I cannot imagine E*TRADE would collapse, but they certainly could lock our accounts up for a long time. WHO KNOWS how this all will play out for security of major financial institutions?
I think gold is looking more and more attractice. The gold market LOVES financial instability.
November 14, 2007 at 1:43 PM in reply to: In case you missed it. Etrade lost 60% of it’s market cap today due to subprime. #99467stockstradrParticipantWe have all our retirement accounts, a large portion of our assets in E*TRADE. I looked closely at E*TRADE financials last night, and concluded the company is effectively INSOLVENT. The CEO of E*TRADE is writing they “…could absorb an immediate write down in excess of $1 billion and still remain well capitalized.”
Except there is one problem, look at E*TRADE balance sheets: there appears to be a lot more than a billion in write downs in store for E*TRADE. The numbers don’t look pretty.
This week the markets finally spooked me, shook me to the core, that this finanical melt down could get real ugly. Major banks could collapse.
Just one example, a best friend of mine works in a very senior position in a very large Wall St. investment bank.
I wrote him, “What’s the feel of the markets, from the inside?”
He Blackberry’s me back,
“Be afraid, be very afraid. I’m now at a insider financial conference and very senior managers are discussing Worst Case Scenarios. There is real fear in the air even among very seasoned finance industry professionals.”
Today I submitted request to have ALL our family assets tranferred out of E*TRADE. It takes about 7 days to complete. I cannot imagine E*TRADE would collapse, but they certainly could lock our accounts up for a long time. WHO KNOWS how this all will play out for security of major financial institutions?
I think gold is looking more and more attractice. The gold market LOVES financial instability.
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