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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (2692)5/28/2002 2:05:54 PM
From: The Duke of URL©Read Replies (1) of 306849
 
"And now I have to ask....do you REALLY expect to find the insight and wisdom you seek about companies you "don't follow" from anyone HERE...on SI?
And now here is a real, true flip question: do you get ALL your investment insight from folks on SI????"

You say to me the equivalent of 'look it up yourself, twit' and YOU don't consider that to be a flip answer?

And the answer is that there are all sorts of specialists that post on SI who are brilliant in their respective fields or have great common sense.

My take on your post is that you are for some reason, like Raines is, afraid of looking closely at FNM.

And I will tell you why. FNM was set up to lay off bank loans to the general public to spread the risk.

If they are now warehousing those same loans and hedging against that risk with the same people they bought the loans from (the banks), then you have the exact situation which causes economic crashes.

And have YOU looked at those same sources you directed me to? I have a real big background in finance and I can smell and see attempts to confuse and obfuscate rather than explain in seconds.

I found the pile of manure. I don't need to find the pony if someone else has already looked.

Do you see any simularities to other energy companies?

Duke
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