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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (120185)5/2/2008 10:25:33 AM
From: BWACRead Replies (3) | Respond to of 306849
 
Thats the way I read it. Maybe the next thing in jingle mail involves car keys for gas guzzlers?

Is the Fed Fool balance sheete ever exhausted? Is that possible?



To: Think4Yourself who wrote (120185)5/2/2008 10:25:37 AM
From: 10K a dayRespond to of 306849
 



To: Think4Yourself who wrote (120185)5/2/2008 11:19:33 AM
From: jmiller099Read Replies (2) | Respond to of 306849
 
This is quite amazing to me...

Now these guys will have a spread of borrowing at 2%. Probably with a wink and a nod that the borrower doesn't have to pay it back if they find themselves 'in a jam'. At any rate, they have a spread of that 2% and the 12-21% CC rate plus finance charges.

Well ok, this is definitely good for the car people and credit card institutions. COF is one that does both a lot, so I am now expecting full loss on my May Puts which wipe out all my Mar and Apr gains. However, how much can they really absorb? Does the Fed have infinite money or do they print their way towards honouring all their duty and obligation to the financial sector?



To: Think4Yourself who wrote (120185)5/2/2008 11:24:16 AM
From: Giordano BrunoRead Replies (1) | Respond to of 306849
 
The FED had over 980 billion before the bell. -g-



To: Think4Yourself who wrote (120185)5/2/2008 4:30:54 PM
From: Smiling BobRead Replies (2) | Respond to of 306849
 
Think I'll take the misses out to a nice restaurant tonight.
---
What about your wife?