bundys_dodge Posted June 4, 2009 Report Share Posted June 4, 2009 Hmmm... Haven't seen TJ lately. Did I miss something? Tsk... tsk... tsk... Oh Doc, acting all innocent now... Link to comment Share on other sites More sharing options...
Charmin Posted June 4, 2009 Report Share Posted June 4, 2009 Even Tim Geithner can't sell his house Treasury Secretary Tim Geithner is struggling to unload his million-dollar manse located in a posh New York City suburb. And like so many other Americans, he'll probably lose money on it when he does. He's renting out his home in a tony New York suburb to former members of a grunge band and their girlfriends, after the property went unsold for months. The Geithners paid a premium for the house when they bought it in 2004, plunking down $1.601 million after a bidding war. Meanwhile, home prices have plummeted 32.2% nationwide since the height of the housing bubble in July 2006 according to Case-Shiller. And millions of other homoaners who bought at the top of the market now find themselves unable to sell or refinance their way out of ball crushing monthly housing payments. In April, home sales sank 36% year-over-year in New York's Westchester County, according to the New York State Association of Realtors. But many homoaners are still refusing to lowering their prices, said Miriam Bernstein, an associate broker at RE/MAX Prime Properties in Scarsdale, N.Y., instead trying to rent out their homes while they wait for housing prices to bounce back. "Eventually, these people sitting on the sidelines are going to have to sell." Shorty, the government could buy it and use it for a shelter. "Foreclosed homes could become hurricane shelters" http://news.yahoo.com/s/ap/20090604/ap_on_...oreclosed_homes Link to comment Share on other sites More sharing options...
phatbubble Posted June 4, 2009 Report Share Posted June 4, 2009 The daily chart of da beans is a gapfest. No wonder some of you guys trade these. Link to comment Share on other sites More sharing options...
mdporter Posted June 4, 2009 Report Share Posted June 4, 2009 Hmmm... Haven't seen TJ lately. Did I miss something? Did he fall off his roof? Link to comment Share on other sites More sharing options...
phatbubble Posted June 4, 2009 Report Share Posted June 4, 2009 Bradleys fit crude better than stocks... Link to comment Share on other sites More sharing options...
phatbubble Posted June 4, 2009 Report Share Posted June 4, 2009 Did he fall off his roof? Beat me to it Link to comment Share on other sites More sharing options...
Charmin Posted June 4, 2009 Report Share Posted June 4, 2009 If we can gain some momentum to the downside with a high maintaining tonight at 934 and another 24 point wave down we could potentially arrive at 910 sp futures. Now that is real wishful thinking. Link to comment Share on other sites More sharing options...
phatbubble Posted June 4, 2009 Report Share Posted June 4, 2009 RIFIN hanging onto its daily 21MA. C looks like it's on borrowed time. 72MA (not shown) is around 2.90. Link to comment Share on other sites More sharing options...
Charmin Posted June 4, 2009 Report Share Posted June 4, 2009 Beat me to it I think he was done with the roof in record time - just a few dayz. At least he came back live and kicking after the fact. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted June 4, 2009 Report Share Posted June 4, 2009 Starting to look more and more like your classic bear market suck in. I got a number of calls and email over the past 2 weeks asking if they should enter back into the market. Strange how things work, i tell them to enter back in late 2008 and they refuse. I think it's time to sell and they call me asking to buy. Link to comment Share on other sites More sharing options...
TenaciousG Posted June 4, 2009 Report Share Posted June 4, 2009 For those who trade Euro futures (6E) does anyone have a shortable point on the right should of the 4 hour chart? I am thinking a good RR somewhere between 1.425 and 1.430 - waiting and watching for now. Link to comment Share on other sites More sharing options...
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