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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (29563)	2/17/2008 1:44:08 PM
From: Ilaine	Read Replies (1) \| Respond to of 217764

Hi Jay, I have no idea what you are asking me, but suggest to Mishedlo that if he wants a better (or worse) picture of Virginia foreclosures, instead of looking at Arlington, he should look at Prince William. Arlington is right across the Potomac from Washington DC, and the federal government is not laying anybody off. Since we are at war, defense contractors continue to do a good business, as well. Arlington residents are younger, hipper, more affluent, whiter, better educated than Prince William County, VA or Prince George's County, MD. It's all about location. Woodbridge, VA and Manassas Park, VA, which are less desirable places where blue collar workers live, are the epicenters for my foreclosure/bankruptcy clients. Lots of Hispanics formerly employed in the construction boom, now out of work. OTOH, we are seeing lenders trying to work out deals, as "exploding ARMs" are blowing everybody up and turn out to be Not Good Things. My suggestion about your portfolio is to diversify. This is not a good time for making big bets on anything.

To: TobagoJack who wrote (29563)	2/17/2008 7:21:38 PM
From: Lazarus_Long	Read Replies (4) \| Respond to of 217764

TJ, I applaud your motivation, that being to 'save spendthrift america from its bankrupting ways'. Given that our nation's leaders in the DC-MD-N. Va area, have figured very little else out, I find it hard to believe that could have figured out that realtor's commissions are now negotiable and they are most likely still paying 6%. Now, unless RE prices in the referenced area have plummeted to 1/3 - 1/2 of their previous heights, this disaster is a godsend to realtors there also. Real estate turnover apparently has doubled or tripled. Inside every dark cloud there is a silver lining. A question: 'ultrashort financials via long the ETF' Which ETF? XLF which is the long financials ETF or UYG which is the ultrashort financials ETF? finance.yahoo.com finance.yahoo.com finance.yahoo.com As you can see, while XLF is sick, UYG is SICKER!. 'short the Puts' SHORT THE PUTS???? That's the same as long the calls; ie., you're betting on an up move in the financials. On a 3-month basis, BRK-A isn't doing badly- -up about 10%. finance.yahoo.com Yearwise, 76%. Warren's doing nicely. finance.yahoo.com finance.yahoo.com (ultra short china via long the etf and short the puts) Now surely you don't mean to short China? First, they lend the US guvmint the money for those checks - at interest, of course - then the money goes to WMT to buy goods made in China and goes back to them as profits. The economy that will ACTUALLY be stimulated by this move is China's! I can't discuss US interest rate policy without using 4-letter words. Is there anyone in the guvmint that knows what the H they're doing any more?????