Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (5988)	5/5/2004 2:12:12 PM
From: morokko65	Read Replies (1) \| Respond to of 60925

Look at that $TNX spiking... Real Estate party ending? Most of the mortgage apps I'm seeing here in Nor Cal are 90% LTV, 1 year ARMs, interest only. The starter home price has jumped from $450K to $600-625K in 15 months (East Bay Region, higher in San Mateo/SJ/SF/Marin) Many 100% loans or 80% first mortgages & 10-20% seconds at time of purchase... watch MBI for weakness, they insure all this garbage against default. that will be the RE canary.

To: jrhana who wrote (5988)	5/5/2004 2:38:08 PM
From: Threshold	Respond to of 60925

"Lacking the sophistication of my brethern here" I know the feeling... time to study the waves and fibos. Fundamentals are keeping me in for now. Entropy is good for gold. It's just failed the 40 week MA as well. Looks like a good entry point for the miners with tight mental stops. Sure looks like an IT top on the weekly. CCI spike is on the down move, MACD rolling etc. Monthly candles look like an IT top too.