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Interesting stock market prediction. The Feds meet before that date to decide on an interest rate cut. What concerns me is banks going to the Feds funding window. Citi corp completed a huge offering of corporate bonds but still borowed from the Feds. Historicaly,when a bank borrowed at the fed funding window it was looked upon as a sign of weakness. I think the market will test it's previous lows before it moves forward. When you short the market as much as was stated, it can have the opposite effect if the market doesn't go down and they have to cover their position by buying stocks. I don't see the market taking off with this underlying sub prime mortgage debacle. If the market does crash , it will be a great time to get in the market. I'm currently in treasuries as I do believe the market will test it's previous low. If panic presides, a crash is very possible. I know hedge funds short the market to cover some of their holdings but that amount is a strong bet the market is heading south. Time will tell. GGBIW:wink:
 
Discussion starter · #182 ·
I have seen a not so scary explanaton, that unfortuneatly I didn't bookmark.

Basically it said, among other things, that whoever has those positions, could have off setting positions and by just looking at short futures, one can't really tell where the true money is.
See if you can hunt down that alternate perspective for us to review.. Post the link!

Thanks JT!

@GGBIW

Nice work in your post! Keep it coming!:hmm:
 
So far, much of the underlying weakness in the subprime market really hasn't had a chance to unwind. Saw that getting mortgage money above the FHA funding limits was evaporating. I believe that stands at 417K. Problem is ,there is a HUGE inventory of high end homes that can't be financed because of that limit. Evryone one wants to sell their mortgages to fannie may and don't lend above that limit. All those builders will have to lay off workers unless that problem is solved and it just escalates from there. Right now,fear prevails as you watch the market jump in either direction in three digit moves. No one really knows how bad it really is.Credit is the lifeblood of this enonomy. If we can't get funding for large ticket items you can bet a dollar to a donut that the economy is going to tank. If this isn't serious why is the fed pumping billions into the credit market? What the heck is Citi bank doing borrowing 5 billion after selling a huge amount of corporate bonds? Being in cash is the best place until we get clarity on how bad it is. GGBIW:usflag:
 
Discussion starter · #184 ·
So far, much of the underlying weakness in the subprime market really hasn't had a chance to unwind. Saw that getting mortgage money above the FHA funding limits was evaporating. I believe that stands at 417K. Problem is ,there is a HUGE inventory of high end homes that can't be financed because of that limit. Evryone one wants to sell their mortgages to fannie may and don't lend above that limit. All those builders will have to lay off workers unless that problem is solved and it just escalates from there. Right now,fear prevails as you watch the market jump in either direction in three digit moves. No one really knows how bad it really is.Credit is the lifeblood of this enonomy. If we can't get funding for large ticket items you can bet a dollar to a donut that the economy is going to tank. If this isn't serious why is the fed pumping billions into the credit market? What the heck is Citi bank doing borrowing 5 billion after selling a huge amount of corporate bonds? Being in cash is the best place until we get clarity on how bad it is. GGBIW:usflag:
Yeah there was a lady in the neighborhood who bought a home for sale around the corner! She re-financed her existing home, to pay the down payment and fix up the new home.. Well, she did a fantastic job of re-building the new home.. It looks beautiful! Brand new in fact..

She got the driveway and front yard looking outstanding.. So she put it on the market for $800K, and it just sat there.. Not only that, but she soon found out that she would have to pay capital gains on it, if she sold it before 1yr.. So now she is stuck with 2 homes.. One worth $1M.. The other, she is trying to get $800K...

The poor lady was forced to put a single family in the remodeled new home for $3k a month rent.. No one could get financing for her new home in the current market.. Plus, she spent the money for capital gains taxes...

There is a nice new family in the neighborhood now, paying $3K a month rent for a very nice home..

Poor lady didn't think things through before she got greedy and thought she could buy the house for $650K, fix it up and sell it in 2 months for $800K.. Poor lady! Nice effort though...
 
Yeah, Sad thing is a lot of people did it and it was easy not to long ago. I built my home and did well because of it. I know I couldn't buy my home now. Saw an interesting speaker on bloomberg saying that billions of those mortgages that had 5 year fixed are now being adjusted in the next few months. When they start defaulting in an already flooded foreclosure market watch out! Fear prevails in the market today. Next is panic. Everyone will try to get out at once. I'll step in 100% that day. A person approached John Paul Getty one day and asked how he became so wealthy? He replied " Buy low, Sell high" . That scenario is likely to come to fruitation in the next few months. Treasuries ,Treasuries, Treasuries

:usflag::usflag::usflag::usflag:SHOWTIME!!! GGBIW:usflag:
 
Discussion starter · #186 ·
Yeah, Sad thing is a lot of people did it and it was easy not to long ago. I built my home and did well because of it. I know I couldn't buy my home now. Saw an interesting speaker on bloomberg saying that billions of those mortgages that had 5 year fixed are now being adjusted in the next few months. When they start defaulting in an already flooded foreclosure market watch out! Fear prevails in the market today. Next is panic. Everyone will try to get out at once. I'll step in 100% that day. A person approached John Paul Getty one day and asked how he became so wealthy? He replied " Buy low, Sell high" . That scenario is likely to come to fruitation in the next few months. Treasuries ,Treasuries, Treasuries

:usflag::usflag::usflag::usflag:SHOWTIME!!! GGBIW:usflag:
You already know what my view about the things that have taken place in the last 5 years are..

Alot of criminal conduct has taken place.. This is America.. I don't like to see American's struggling to keep a roof over their family and small children's head.. A law has been broken GGBIW, while families have been sacrificed for some future experiment in regards to the NAU..

I don't like it one bit.. Everytime I see a father have to move his children out of his home, he put his blood, sweat and tears into to provide a good life for his kids, I get sick to my stomach..
 
You already know what my view about the things that have taken place in the last 5 years are..

Alot of criminal conduct has taken place.. This is America.. I don't like to see American's struggling to keep a roof over their family and small children's head.. A law has been broken GGBIW, while families have been sacrificed for some future experiment in regards to the NAU..

I don't like it one bit.. Everytime I see a father have to move his children out of his home, he put his blood, sweat and tears into to provide a good life for his kids, I get sick to my stomach..
I feel compassion every bit that you do. Personel responsibility has to step in somewhere. When circumstances arise due to nothing the populace has done I feel that's when the government should step in. Do we gaurantee every bad investment? MSP, How many firecracker subjects are you going to pull out of your sleeve? GGBIW:headspin:
 
Discussion starter · #188 ·
Will someone please go round up all the kids at the Pentagon!
Zee News - China denies hacking US Pentagon network

I know, lets blame it on China! HEHE!!:rofl2:

It would be really funny, if the consequences weren't so disastrous..

Knock it off Kids at the Pentagon!
 
Discussion starter · #191 ·
It was a mistake! Don't be alarmed people!

Flying B52's filled with nuclear warheads over the United States of America, with no clear destination or justifiable reason why they were loaded happens all the time! We have it under control!

Get back to work!

U.S. bomber mistakenly flies with nuclear weapons | U.S. | Reuters
yes,millions on welfare depend on you.. Who gave the order?Bush is the cammander in chief so who did what,where,and why ? I thought the code could only be given okay to use by Him. Or is that only in the movies? Came to a disturbing little factoid today pertaining to the underlying subprime fiasco. It pointed out that 2 MILLION of these mortgages will have thier mortgage payment double or triple in the near future.:scare:I think it would be safe to say that 2 million familys will have less to spend in the economy at the very least. They need to allow a way these people can refi and raise the FHA lending limits substatially for a conforming loan. Those that want to hold on should be given a chance. This will do to much damage to the economy if they fail to act.
If they are behind in payments,refi the amount and give them first chance. Worst off first.Maybe 35 year or even 40 year to get the payment down. Make them Guaranteed by the FHA with assumable lending. Package them so they can make it or sell after a certain time. Just a few rule changes would help. This is serious. GGBIW
 
HOLY CRAP!!!

MSP are you off your meds or what???

If you believe one half of the drivel you have posted and linked to here in this KOOKENBERRY THREAD...

You need to step away from the freaking Koolaid!!

I am positively amazed at the naivety of you and a couple other people in here.

Otherwise seemingly intelligent people embracing some of the most ludicrous, embarrassingly simplistic and pathetic explanations of known events in an attempt to support their deluded point of view.

I think we should just NUKE THE MOON and be done with it!!!
IMAO - Nuke the Moon

Image


Image


Good Night Irene!!! Hats off to you Conservatives who took the time to shine a little light on the :poop:... :salut: :usflag:

You have far more patience than I.:blowup:

:ilovemf::popcorn:

...
 
Discussion starter · #194 ·
HOLY CRAP!!!

MSP are you off your meds or what???

If you believe one half of the drivel you have posted and linked to here in this KOOKENBERRY THREAD...

You need to step away from the freaking Koolaid!!

I am positively amazed at the naivety of you and a couple other people in here.

Otherwise seemingly intelligent people embracing some of the most ludicrous, embarrassingly simplistic and pathetic explanations of known events in an attempt to support their deluded point of view.

I think we should just NUKE THE MOON and be done with it!!!
IMAO - Nuke the Moon

Image


Image


Good Night Irene!!! Hats off to you Conservatives who took the time to shine a little light on the :poop:... :salut: :usflag:

You have far more patience than I.:blowup:

:ilovemf::popcorn:

...
LOL!! Welcome to the thread Jimmy! We look forward to hearing from you again soon!

We need guys like you in here on a more consistent basis! So feel free to vent off any frustrations you may have, right here in this thread.. We have barbed wire around it, so most of this stuff never leaves the confines of this area!:good:
 
HAHAHA

I see MSP has moved on to infect other mustang sites with his pathetic conspiracy theories.

He basically got shunned from our V6 website because the entire site was tired of him and his lunatic rantings.


MSP, TAKE YOUR MEDICATION!!!!
 
Discussion starter · #196 ·
HAHAHA

I see MSP has moved on to infect other mustang sites with his pathetic conspiracy theories.

He basically got shunned from our V6 website because the entire site was tired of him and his lunatic rantings.

MSP, TAKE YOUR MEDICATION!!!!
This post seems to appear alittle slanderous..

This post has some complete stranger make a false statement, which allows me no way to disprove his claim...

I may have my own theories in regards to the situation we find ourselves in, but I would never slander someone with a false statement like this..

Sure on other sites we debate things, and there are those in strong opposition to my thoughts.. However, there are just as many in support of them..

This is the most offensive statement to date in this particular thread.. Nice job stangin99.. Feel proud that you have mastered the art of slander!:good:
 
Holy crap...where did you nutcakes come up with this theory
 
This post seems to appear alittle slanderous..

This post has some complete stranger make a false statement, which allows me no way to disprove his claim...

I may have my own theories in regards to the situation we find ourselves in, but I would never slander someone with a false statement like this..

Sure on other sites we debate things, and there are those in strong opposition to my thoughts.. However, there are just as many in support of them..

This is the most offensive statement to date in this particular thread.. Nice job stangin99.. Feel proud that you have mastered the art of slander!:good:
PS - It isn't slander

Slander and libel - Wikipedia, the free encyclopedia
 
Discussion starter · #199 ·
In law, defamation is the communication of a statement that makes a false claim, expressly stated or implied to be factual, that may harm the reputation of an individual, business, product, group, government or nation. Most jurisdictions allow legal actions, civil and/or criminal, to deter various kinds of defamation and retaliate against criticism.

Definitely Slanderous! Somewhat slithery.. Positively slithering on the slippery slope to slander! Slightly sloppy for sure!:eek:k:
 
This post seems to appear alittle slanderous..

This post has some complete stranger make a false statement, which allows me no way to disprove his claim...

I may have my own theories in regards to the situation we find ourselves in, but I would never slander someone with a false statement like this..

Sure on other sites we debate things, and there are those in strong opposition to my thoughts.. However, there are just as many in support of them..

This is the most offensive statement to date in this particular thread.. Nice job stangin99.. Feel proud that you have mastered the art of slander!:good:
Slander implies that I am lieing. You have not posted your drivel on V6Power for some time now, and we both know why.

You, on the other hand, are one very deranged person that needs professional help.
 
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