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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (91255)	12/6/2008 4:26:31 AM
From: stockfiend	Read Replies (2) \| Respond to of 116555

Can you also post a chart of how much money/credit has been created vs. how much has been destroyed?

To: mishedlo who wrote (91255)	12/6/2008 8:08:18 AM
From: Dan3	Respond to of 116555

Re: have some interesting charts I will post on Monday. We missed this twice but I think we are in a wave 4 up finally. Target 1007-1090 on S&P. Do you think that any of the closing action yesterday (it was nice little run up) was "buy the rumor" on the auto bailout? The net, for the short term, seems to be direction to the auto companies to use that construction load they got for the new roof, for groceries, to pay utility bills, and maybe a nice dinner out. It's classic that congress, after lambasting the auto companies for their short term outlook, has decided to repurpose the money allocated for development of more fuel efficient cars to pay for day to day operating expenses. With the post holiday season effect a few weeks away (layoffs of seasonal employee's, retail stores throwing in the towell when sales weren't enough to make the year a success) do you really think we're in for a 25% rally?

To: mishedlo who wrote (91255)	12/6/2008 5:59:53 PM
From: posthumousone	Respond to of 116555

Defaults, foreclosures hit homeowners, housing market at record rate By Alan Zibel ASSOCIATED PRESS WASHINGTON – A record 1 in 10 American homeowners with a mortgage was either at least a month behind on payments or in foreclosure at the end of September, as the source of housing market pressure shifted from risky loans to the crumbling U.S. economy. >>>>> Yes because people are PURPOSELY not paying their mortgage. Principal reduction is all the rage. Can I buy a house and immediately not pay?