K Wave Rider Posted July 11, 2008 Report Share Posted July 11, 2008 new high on Crude 146.90 Link to comment Share on other sites More sharing options...
DrStool Posted July 11, 2008 Report Share Posted July 11, 2008 Tanks, Chicken On The Car And The Car Won't Go Bear! I know that you are one who reads the report closely because you always point out my mistakes. I need a proofreader, that's for sure. Link to comment Share on other sites More sharing options...
K Wave Rider Posted July 11, 2008 Report Share Posted July 11, 2008 FANNIE DOWN OVER 50% Link to comment Share on other sites More sharing options...
K Wave Rider Posted July 11, 2008 Report Share Posted July 11, 2008 FRE $4 Link to comment Share on other sites More sharing options...
Sudaca Posted July 11, 2008 Report Share Posted July 11, 2008 Wow. I just knew I was going to miss something. I fully intended to sleep late today and have breakfast in bed, but here I am at 7:30am with my nose glued to the screen. Interesting day. The question I have to resolve is do I close out my remaining shorts today or do I leave them open for the next 2 weeks with no computer access? Link to comment Share on other sites More sharing options...
K Wave Rider Posted July 11, 2008 Report Share Posted July 11, 2008 WTF is holding this market up here??? Link to comment Share on other sites More sharing options...
Sudaca Posted July 11, 2008 Report Share Posted July 11, 2008 Haipu: Holy Effin Sheet The GSE's Look Like Toast Bring Out The Butter Link to comment Share on other sites More sharing options...
Jimi Posted July 11, 2008 Report Share Posted July 11, 2008 New Zealand House Sales Fall 42% on Year, Prices Drop July 11 (Bloomberg) -- Sales of New Zealand houses slumped for a fourth straight month in June as record-high interest rates curtailed demand for property. The number of homes sold dropped 42.4 percent to 4,305 from 7,474 a year earlier, according to a report from the Real Estate Institute of New Zealand Inc. e-mailed to Bloomberg News today. Sales were at the lowest level since December 1991. 672580[/snapback] Is that a lot? Link to comment Share on other sites More sharing options...
Trader Joe Posted July 11, 2008 Report Share Posted July 11, 2008 FANNIE DOWN OVER 50% 672601[/snapback] That's alot.....right? Link to comment Share on other sites More sharing options...
Jimi Posted July 11, 2008 Report Share Posted July 11, 2008 India's Inflation Accelerates to Fastest in 13 Years July 11 (Bloomberg) -- India's inflation accelerated to the fastest pace since 1995, raising concern the central bank will increase borrowing costs for a third time this year. Wholesale prices rose 11.89 percent in the week to June 28, after gaining 11.63 percent in the previous week, commerce ministry spokesman Rajeev Jain told Bloomberg News in an interview today. 672581[/snapback] Is that a lot? Link to comment Share on other sites More sharing options...
Peek Paper Posted July 11, 2008 Report Share Posted July 11, 2008 You devout patternists looking for similies and rhymes from the past ... Is there a precedent for the gubermint needing to bring $5T debt onto its books overnight? Especially when the "assets" behind the debt fall at least 30% short of this figure. That's why the Perfect Storm and 10 Sigma b.s. is being thrown around again. To me, its simple. If the Govt doesn't bail these guys out, then the mark-to-market on all RE debt becomes essentially 0%. There will be no buyer of Last Resort for bad (or good) debt, in the short term. Everything thereafter related to claims: assets vs. debts, derivatives, various leveraged insurance concoctions, etc, frenetically accelerates at a logarithmic, then totally out of control, pace. The Nuclear Option. I like the futes being down 16 but I don't think us citizens of the world have much of a choice here. A few firing squads would be apropos, however. Link to comment Share on other sites More sharing options...
Jimi Posted July 11, 2008 Report Share Posted July 11, 2008 Japan Consumer Sentiment Fell to Record Low in June July 11 (Bloomberg) -- Japanese consumers became the most pessimistic they've been in at least 26 years as higher gasoline prices and food costs eroded their spending power. The sentiment index dropped to 32.6 last month from 33.9 in May, the Cabinet Office said today in Tokyo, the lowest since the government began compiling the figures in 1982. 672582[/snapback] Is that a lot? Phrase of the day. Link to comment Share on other sites More sharing options...
Sudaca Posted July 11, 2008 Report Share Posted July 11, 2008 I never thought I'd see this day. This is just unprecedented historical material. Link to comment Share on other sites More sharing options...
DrStool Posted July 11, 2008 Report Share Posted July 11, 2008 Precious Metals Update http://wallstreetexaminer.com/?p=2906 Link to comment Share on other sites More sharing options...
Drano Posted July 11, 2008 Report Share Posted July 11, 2008 we should have known that when Sudsy was not set up for trading, this would happen. Things usually change big when he's on vacation, and this move is a "vacation" x 10. Link to comment Share on other sites More sharing options...
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